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It Is Necessary To Curb The Power Of Government. This Is The Task Of All Constitutions, Bills Of Rights And Laws. This Is The Meaning Of All Struggles Which Men Have Fought For Liberty.

It Is Not Enough For [the Investor] To Know All The Factors That Can Possibly Contribute To The Determination Of A Future Event. In Order To Anticipate Correctly They Must Also Anticipate Correctly The Quantity As It Were Of Each Factor's Contribution And The Instant At Which Its Contribution Will Become Effective.

Unemployment Doles Can Have No Other Effect Than The Perpetuation Of Unemployment.

The Main Characteristic Of Collectivism Is That It Does Not Take Notice Of The Individual's Will And Moral Self-determination. In The Light Of Its Philosophy The Individual Is Born Into A Collective And It Is "natural" And Proper For Him To Behave As Members Of This Collective Are Expected To Behave. Expected By Whom? Of Course, By Those Individuals To Whom, By The Mysterious Decrees Of Some Mysterious Agency, The Task Of Determining The Collective Will And Directing The Actions Of The Collective Has Been Entrusted.

Facts Per Se Can Neither Prove Nor Refute Anything. Everything Is Decided By The Interpretation And Explanation Of The Facts, By The Ideas And The Theories.