Almost all the fathers of socialism were members of the upper middle class or of the professions.

In public administration there is no connection between revenue and expenditure.

The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.

No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed.

In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production