The policy of letting the child 'do what he likes' is an insidious one, since the children are encouraged to continue always at their original superficial level, without receiving guidance in study. Furthermore, the 'three Rs,' the fundamental tools, are neglected as long as possible, with the result that the child's chance to develop his mind is greatly retarded. The policy of teaching words via pictures instead of by the alphabet tends to deprive the young child of the greatest reasoning tool of all.

Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation.

Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.

The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.

The necessary consequence of an egalitarian program is the decidedly inegalitarian creation of a ruthless power elite.

Government is a gang of thieves writ large.

It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society.