Credit Expansion Can Bring About A Temporary

Continued Adherence To A Policy Of Compulsory Education Is Utterly Incompatible With Efforts To Establish Lasting Peace.

It Is Impossible To Describe Any Human Action If One Does Not Refer To The Meaning The Actor Sees In The Stimulus As Well As In The End His Response Is Aiming At.

The Causes Of All Panics, Crashes And Depressions Can Be Summed Up In Only Four Words: The Misuse Of Credit.

The Boom Squanders Through Malinvestment Scarce Factors Of Production And Reduces The Stock Available Through Overconsumption; Its Alleged Blessings Are Paid For By Impoverishment.

Whoever Wants Peace Among Nations Must Seek To Limit The State And Its Influence Most Strictly.