The Boom Squanders Through Malinvestment Scarce Factors

The Development Of Capitalism Consists In Everyone Having The Right To Serve The Consumer Better Or More Cheaply.

Nobody Is In A Position To Decree What Should Make A Fellow Man Happier.

History Does Not Provide Any Example Of Capital Accumulation Brought About By A Government. As Far As Governments Invested In The Construction Of Roads, Railroads, And Other Useful Public Works, The Capital Needed Was Provided By The Savings Of Individual Citizens And Borrowed By The Government.

It Is Indeed One Of The Principal Drawbacks Of Every Kind Of Interventionism That It Is So Difficult To Reverse The Process.

The Distinctive Principle Of Western Social Philosophy Is Individualism.