As The Science Of Economics...exploded The Fallacies

The Champions Of Socialism Call Themselves Progressives, But They Recommend A System Which Is Characterized By Rigid Observance Of Routine And By A Resistance To Every Kind Of Improvement. They Call Themselves Liberals, But They Are Intent Upon Abolishing Liberty. They Call Themselves Democrats, But They Yearn For Dictatorship. They Call Themselves Revolutionaries, But They Want To Make The Government Omnipotent. They Promise The Blessings Of The Garden Of Eden, But They Plan To Transform The World Into A Gigantic Post Office. Every Man But One A Subordinate Clerk In A Bureau.

History Can Tell Us What Happened In The Past. But It Cannot Assert That It Must Happen Again In The Future.

In Talking About Equality And Asking Vehemently For Its Realization, Nobody Advocates A Curtailment Of His Own Present Income.

A Nation Cannot Prosper If Its Members Are Not Fully Aware Of The Fact That What Alone Can Improve Their Condition S Is More And Better Production. And This Can Only Be Brought About By Increased Saving And Capital Accumulation.

The Study Of Economics Has Been Again And Again Led Astray By The Vain Idea That Economics Must Proceed According To The Pattern Of Other Sciences.