There Is No More Certain

The Long-run Historical Tendency Of Capitalism Has Not Only Been To Increase Real Incomes More Or Less Proportionately Nearly All Along The Line, But To Benefit The Masses Even More Than The Rich.

From A Strictly Economic Point Of View, Buying Gold In A Major Inflation And Holding It Probably Presents The Least Risk Of Capital Loss Of Any Investment Or Speculation.

Practically All Government Attempts To Redistribute Wealth And Income Tend To Smother Productive Incentives And Lead Toward General Impoverishment.

There May Have Been Somewhere, As A Few Eighteenth-century Philosophers Dreamed, A Group Of Peaceful Men Who Got Together One Evening After Work And Drew Up A Social Contract To Form The State. But Nobody Has Been Able To Find An Actual Record Of It. Practically All The Governments Whose Origins Are Historically Established Were The Result Of Conquest-of One Tribe By Another, One City By Another, One People By Another. Of Course There Have Been Constitutional Conventions, But They Merely Changed The Working Rules Of Governments Already In Being.

Government Planning Always Involves Compulsion.