Public Works Are Not Accomplished By The

It Is Certain That Many Intellectuals Envy The Higher Income Of Prosperous Businessmen And That These Feelings Drive Them Toward Socialism. They Believe That The Authorities Of A Socialist Commonwealth Would Pay Them Higher Salaries Than Those That They Earn Under Capitalism.

The Characteristic Feature Of A Free Society Is That It Can Function In Spite Of The Fact That Its Members Disagree In Many Judgments Of Value. Freedom Really Means The Freedom To Make Mistakes.

In Order To Succeed In Business A Man Does Not Need A Degree From A School Of Business Administration. These Schools Train The Subalterns For Routine Jobs. They Certainly Do Not Train Entrepreneurs.

The State Is Essentially An Apparatus Of Compulsion And Coercion. The Characteristic Feature Of Its Activities Is To Compel People Through The Application Or The Threat Of Force To Behave Otherwise Than They Would Like To Behave.

All Varieties Of Interference With The Market Phenomena Not Only Fail To Achieve The Ends Aimed At By Their Authors And Supporters, But Bring About A State Of Affairs Which - From The Point Of View Of Their Authors And Advocates Valuations - Is Less Desirable Than The Previous State Of Affairs Which They Were Designed To Alter.