The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments.

Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.

The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.

Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.

Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.

The "progressives" who today masquerade as "liberals" may rant against "fascism"; yet it is their policy that paves the way for Hitlerism. Nothing could have been more helpful to the success of the National-Socialist (Nazi) movement than the methods used by the "progressives," denouncing Nazism as a party serving the interests of "capital." The German workers knew this tactic too well to be deceived by it again.

The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.