Progress Is Precisely That Which

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.

[e]conomic History Is A Long Record Of Government Policies That Failed Because They Were Designed With A Bold Disregard For The Laws Of Economics

What Economic Calculation Requires Is A Monetary System Whose Functioning Is Not Sabotaged By Government Interference.

History Makes One Wise, But Not Competent To Solve Concrete Problems.

The Productivity Of Social Cooperation Surpasses In Every Respect The Sum Total Of The Production Of Isolated Individuals.