History Can Tell Us What Happened In

What Makes Small Business Develop Into Big Business Is Not Spending, But Saving And Capital Accumulation.

What Generates War Is The Economic Philosophy Of Nationalism: Embargoes, Trade And Foreign Exchange Controls, Monetary Devaluation, Etc. The Philosophy Of Protectionism Is A Philosophy Of War.

People Do Not Cooperate Under The Division Of Labor Because They Love Or Should Love One Another. They Cooperate Because This Best Serves Their Own Interests.

The Superiority Of The Gold Standard Consists In The Fact That The Value Of Gold Develops Independent Of Political Actions.

History Makes One Wise, But Not Competent To Solve Concrete Problems.