The Only Real Cure For Poverty Is

Inflation Is A Form Of Tax, A Tax That We All Collectively Must Pay.

The Vital Consideration Of Incentives Is Almost Systematically Overlooked In The Proposals Of Agitators For More And Bigger Government Welfare Schemes. We Should All Be Concerned About The Plight Of The Poor And Unfortunate. But The Hard Two-part Question That Any Plan For Relieving Poverty Must Answer Is: How Can We Mitigate The Penalties Of Failure And Misfortune Without Undermining The Incentives To Effort And Success.

Competition Always Tends To Bring About The Most Economical And Efficient Method Of Production. Those Who Are Most Successful In This Competition Will Acquire More Capital To Increase Their Production Still Further; Those Who Are Least Successful Will Be Forced Out Of The Field. So Capitalist Production Tends Constantly To Be Drawn Into The Hands Of The Most Efficient.

The Sad Fact Is That Today Most Of The Heads Of Big Businesses In America Have Become So Confused Or Intimidated That, So Far From Carrying The Free Market To Argument To The Enemy, They Fail To Defend Themselves Adequately Even When Attacked.

Arbitrary Government Power Is Being Multiplied Daily By The Now Practically Unchallenged Assumption That Wherever There Is Any Problem Of Any Kind To Be Solved, Government Is The Agency To Step In And Solve It.