Economically considered, war and revolution are always bad business.

The people who think that the power of big business is enormous are mistaken

It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

Despots and democratic majorities are drunk with power.

The interventionist policy (big government) provides thousands and thousands of people with safe, placid, and not too strenuous jobs at the expense of the rest of society.

The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.

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