The Program Of Liberalism If Condensed Into

The Mixing Of Politics And Business Not Only Is Detrimental To Politics, As Is Frequently Observed, But Even Much More So To Business.

The Vigorous Man Industriously Striving For The Improvement Of His Condition Acts Neither More Nor Less Than The Lethargic Man Who Sluggishly Takes Things As They Come. For To Do Nothing And To Be Idle Are Also Action, They Too Determine The Course Of Events.

The Boom Is Called Good Business, Prosperity, And Upswing. Its Unavoidable Aftermath, The Readjustment Of Conditions To The Real Data Of The Market, Is Called Crisis, Slump, Bad Business, Depression.

Every Innovation Makes Its Appearance As A 'luxury' Of The Few Well-to-do. After Industry Has Become Aware Of It, The Luxury Then Becomes A 'necessity' For All.

In The World Of Reality, Life, And Human Action There Is No Such Thing As Interests Independent Of Ideas, Preceding Them Temporarily And Logically. What A Man Considers His Interest Is The Result Of His Ideas.