The Continued Existence Of Society Depends Upon

The Superiority Of The Gold Standard Consists In The Fact That The Value Of Gold Develops Independent Of Political Actions.

A Short Time Ago The Demagogues Blamed Capitalism For The Poverty Of The Masses. Today They Rather Blame Capitalism For The "affluence" That It Bestows Upon The Common Man.

What Counts Alone Is The Innovator, The Dissenter, The Harbinger Of Things Unheard Of, The Man Who Rejects The Traditional Standards And Aims At Substituting New Values And Ideas For Old Ones.

Capital Is Not A Free Gift Of God Or Of Nature. It Is The Outcome Of A Provident Restriction Of Consumption On The Part Of Man. It Is Created And Increased By Saving And Maintained By The Abstention From Dissaving.

The Market Is Not A Place, A Thing, Or A Collective Entity. The Market Is A Process, Actuated By The Interplay Of The Actions Of The Various Individuals Cooperating Under The Division Of Labor.