The Main Achievement Of Economics Is That

There Is In The Universe Something For The Description And Analysis Of Which The Natural Sciences Cannot Contribute Anything. There Are Events Beyond The Range Of Those Events That The Procedures Of The Natural Sciences Are Fit To Observe And Describe. There Is Human Action.

If The Practice Persists Of Covering Government Deficits With The Issue Of Notes, Then The Day Will Come Without Fail, Sooner Or Later, When The Monetary Systems Of Those Nations Pursuing This Course Will Break Down Completely. The Purchasing Power Of The Monetary Unit Will Decline More And More, Until Finally It Disappears Completely.

All Attempts To Coerce The Living Will Of Human Beings Into The Service Of Something They Do Not Want Must Fail

The Government Pretends To Be Endowed With The Mystical Power To Accord Favors Out Of An Inexhaustible Horn Of Plenty. It Is Both Omniscient And Omnipotent. It Can By A Magic Wand Create Happiness And Abundance. The Truth Is The Government Cannot Give If It Does Not Take From Somebody.

History Can Tell Us What Happened In The Past. But It Cannot Assert That It Must Happen Again In The Future.