The Consumers Are Asking For, They Lose

Louis Xiv Was Very Frank And Sincere When He Said: I Am The State. The Modern Statist Is Modest. He Says: I Am The Servant Of The State; But, He Implies, The State Is God. You Could Revolt Against A Bourbon King, And The French Did It. This Was, Of Course, A Struggle Of Man Against Man. But You Cannot Revolt Against The God State And Against His Humble Handy Man, The Bureaucrat.

Economic Control Is Not Merely Control Of A Sector Of Human Life That Can Be Separated From The Rest; It Is The Control Of The Means For All Our Ends.

What Pushes The Masses Into The Camp Of Socialism Is, Even More Than The Illusion That Socialism Will Make Them Richer, The Expectation That It Will Curb All Those Who Are Better Than They Themselves Are.

What Is Called Economic Progress Is The Joint Effect Of The Activities Of The Three Progressive Groups-or Classes-of The Savers, The Scientist-inventors, And The Entrepreneurs, Operating In A Market Economy As Far As It Is Not Sabotaged By The Endeavors Of The Nonprogressive Majority Of The Routinists And The Public Policies Supported By Them.

The Supremacy Of Public Opinion Determines Not Only The Singular Role That Economics Occupies In The Complex Of Thought And Knowledge. It Determines The Whole Process Of Human History.