The Inequality Of Income And Fortunes Is

It Is Impossible To Describe Any Human Action If One Does Not Refer To The Meaning The Actor Sees In The Stimulus As Well As In The End His Response Is Aiming At.

Taxing Profits Is Tantamount To Taxing Success.

Private Property Creates For The Individual A Sphere In Which He Is Free Of The State. It Sets Limits To The Operation Of The Authoritarian Will.

Capital Does Not 'beget Profit' As Marx Thought. The Capital Goods As Such Are Dead Things That In Themselves Do Not Accomplish Anything. If They Are Utilized According To A Good Idea, Profit Results. If They Are Utilized According To A Mistaken Idea, No Profit Or Losses Result. It Is The Entrepreneurial Decision That Creates Either Profit Or Loss.

The Continued Existence Of Society Depends Upon Private Property.