Free Markets. What Does This System Mean?

In Many Fields Of The Administration Of Interventionist Measures, Favoritism Simply Cannot Be Avoided.

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 Masses Favor Socialism Because They Trust The Socialist Propaganda Of The Intellectuals. The Intellectuals, Not The Populace, Are Molding Public Opinion.

Without Speculation There Can Be No Economic Activity Reaching Beyond The Immediate Present.

It Is Inherent In The Nature Of The Capitalistic Economy That, In The Final Analysis, The Employment Of The Factors Of Production Is Aimed Only Toward Serving The Wishes Of Consumers.