In Order To Succeed In Business A

The Most Successful Businessmen Were Often Uneducated When Measured By The Scholastic Standards Of The Teaching Profession. But They Were Equal To Their Social Function Of Adjusting Production To The Most Urgent Demand. Because Of These Merits The Consumers Chose Them For Business Leadership.

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.

The Greater Productivity Of Work Under The Division Of Labor Is A Unifying Influence. It Leads Men To Regard Each Other As Comrades In A Joint Struggle For Welfare, Rather Than As Competitors In A Struggle For Existence. It Makes Friends Out Of Enemies, Peace Out Of War, Society Out Of Individuals.

Under Capitalism The Common Man Enjoys Amenities Which In Ages Gone By Were Unknown And Therefore Inaccessible Even To The Richest People.

There Is No Means Of Avoiding The Final Collapse Of A Boom Brought About By Credit Expansion. The Alternative Is Only Whether The Crisis Should Come Sooner As The Result Of Voluntary Abandonment Of Further Credit Expansion, Or Later As A Final And Total Catastrophe Of The Currency System Involved.