Reason Is The Main Resource Of Man

The Boom Squanders Through Malinvestment Scarce Factors Of Production And Reduces The Stock Available Through Overconsumption; Its Alleged Blessings Are Paid For By Impoverishment.

Economic Progress Is The Work Of The Savers, Who Accumulate Capital, And Of The Entrepreneurs, Who Turn Capital To New Uses.

The Pseudo-liberals Monopolize The Teaching Jobs At Many Universities. Only Men Who Agree With Them Are Appointed As Teachers And Instructors Of The Social Sciences, And Only Textbooks Supporting Their Ideas Are Used.

It Is The Worst Of All Superstitions To Assume That The Epistemological Characteristics Of One Branch Of Knowledge Must Necessarily Be Applicable To Any Other Branch.

The History Of Mankind Is The History Of Ideas. For It Is Ideas, Theories, And Doctrines That Guide Human Action, Determine The Ultimate Ends Men Aim At, And The Choice Of The Means Employed For The Attainment Of These Ends.