History Makes One Wise, But Not Competent

The Socialist System, However, Forbids This Fundamental Freedom To Choose One's Own Career. Under Socialist Conditions, There Is Only One Economic Authority, And It Has The Right To Determine All Matters Concerning Production.

As The Prosperity Of The Nation And The Height Of Wage Rates Depend On A Continual Increase In The Capital Invested In Its Plants, Mines And Farms, It Is One Of The Foremost Tasks Of Good Government To Remove All Obstacles That Hinder The Accumulation And Investment Of New Capital.

The Boom Is Called Good Business, Prosperity, And Upswing. Its Unavoidable Aftermath, The Readjustment Of Conditions To The Real Data Of The Market, Is Called Crisis, Slump, Bad Business, Depression.

How Pale Is The Art Of Sorcerers, Witches, And Conjurors When Compared With That Of The Government's Treasury Department!

Innovation Is The Whim Of An Elite Before It Becomes A Need Of The Public.