Action Is An Attempt To Substitute A

Under Capitalism The Common Man Enjoys Amenities Which In Ages Gone By Were Unknown And Therefore Inaccessible Even To The Richest People. But, Of Course, These Motorcars, Television Sets And Refrigerators Do Not Make A Man Happy. In The Instant In Which He Acquires Them, He May Feel Happier Than He Did Before. But As Soon As Some Of His Wishes Are Satisfied, New Wishes Spring Up. Such Is Human Nature.

What Is A Loophole? If The Law Does Not Punish A Definite Action Or Does Not Tax A Definite Thing, This Is Not A Loophole. It Is Simply The Law.

The Interventionists Do Not Approach The Study Of Economic Matters With Scientific Disinterestedness. Most Of Them Are Driven By An Envious Resentment Against Those Whose Incomes Are Larger Than Their Own. This Bias Makes It Impossible For Them To See Things As They Really Are. For Them The Main Thing Is Not To Improve The Conditions Of The Masses, But To Harm The Entrepreneurs And Capitalists Even If This Policy Victimizes The Immense Majority Of The People.

Public Opinion Always Wants Easy Money, That Is, Low Interest Rates.

Aggressors Cannot Wage Total War Without Introducing Socialism.