History Can Tell Us What Happened In

Economic Theory Has Demonstrated In An Irrefutable Way That A Prosperity Created By An Expansionist Monetary And Credit Policy Is Illusory And Must End In A Slump, An Economic Crisis.

The Illusiveness Of This Concept Of National Income Is To Be Seen In Its Dependence On Changes In The Purchasing Power Of The Monetary Unit. The More Inflation Progresses, The Higher Rises The National Income.

The First Thing A Genius Needs Is To Breath Free Air.

Society Is Best Served When The Means Of Production Are In The Possession Of Those Who Know How To Use Them Best.

While Under Precapitalistic Conditions Superior Men Were The Masters On Whom The Masses Of The Inferior Had To Attend, Under Capitalism The More Gifted And More Able Have No Means To Profit From Their Superiority Other Than To Serve To The Best Of Their Abilities The Wishes Of The Majority Of The Less Gifted.