A Genius Is Always A Teacher, Never

Most Of Us Have No Sympathy With The Rich Idler Who Spends His Life In Pleasure Without Ever Doing Any Work. But Even He Fulfills A Function In The Life Of The Social Organism. He Sets An Example Of Luxury That Awakens In The Multitude A Consciousness Of New Needs And Gives Industry The Incentive To Fulfill Them.

Credit Expansion Can Bring About A Temporary Boom. But Such A Fictitious Prosperity Must End In A General Depression Of Trade, A Slump.

He Who Only Wishes And Hopes Does Not Interfere Actively With The Course Of Events And With The Shaping Of His Own Destiny.

Nobody Can Be At The Same Time A Correct Bureaucrat And An Innovator

As The Prosperity Of The Nation And The Height Of Wage Rates Depend On A Continual Increase In The Capital Invested In Its Plants, Mines And Farms, It Is One Of The Foremost Tasks Of Good Government To Remove All Obstacles That Hinder The Accumulation And Investment Of New Capital.