Continued adherence to a policy of compulsory education is utterly incompatible with efforts to establish lasting peace.

The boom produces impoverishment. But still more disastrous are its moral ravages. It makes people despondent and dispirited. The more optimistic they were under the illusory prosperity of the boom, the greater is their despair and their feeling of frustration.

The bureaucrat is not free to aim at improvement. He is bound to obey rules and regulations established by a superior body. He has no right to embark upon innovations if his superiors do not approve of them. His duty and his virtue is to be obedient.

The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.

The concept of a 'just' or 'fair' price is devoid of any scientific meaning; it is a disguise for wishes, a striving for a state of affairs different from reality.

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

The school is a political prize of the highest importance. It cannot be deprived of its political character as long as it remains a public and compulsory institution.