Give Me The Clear Blue Sky Above

The Long-run Historical Tendency Of Capitalism Has Not Only Been To Increase Real Incomes More Or Less Proportionately Nearly All Along The Line, But To Benefit The Masses Even More Than The Rich.

From A Strictly Economic Point Of View, Buying Gold In A Major Inflation And Holding It Probably Presents The Least Risk Of Capital Loss Of Any Investment Or Speculation.

When Your Money Is Taken By A Thief, You Get Nothing In Return. When Your Money Is Taken Through Taxes To Support Needless Bureaucrats, Precisely The Same Situation Exists. We Are Lucky, Indeed, If The Needless Bureaucrats Are Mere Easy-going Loafers. They Are More Likely Today To Be Energetic Reformers Busily Discouraging And Disrupting Production.

A Certain Amount Of Taxes Is Of Course Indispensable To Carry On Essential Government Functions. Reasonable Taxes For This Purpose Need Not Hurt Production Much.

Competition Always Tends To Bring About The Most Economical And Efficient Method Of Production. Those Who Are Most Successful In This Competition Will Acquire More Capital To Increase Their Production Still Further; Those Who Are Least Successful Will Be Forced Out Of The Field. So Capitalist Production Tends Constantly To Be Drawn Into The Hands Of The Most Efficient.