The Attainment Of The Economic Aims Of

Capitalism Means Free Enterprise, Sovereignty Of The Consumers In Economic Matters, And Sovereignty Of The Voters In Political Matters. Socialism Means Full Government Control Of Every Sphere Of The Individuals Life And The Unrestricted Supremacy Of The Government In Its Capacity As Central Board Of Production Management.

There Is In The Universe Something For The Description And Analysis Of Which The Natural Sciences Cannot Contribute Anything. There Are Events Beyond The Range Of Those Events That The Procedures Of The Natural Sciences Are Fit To Observe And Describe. There Is Human Action.

The Wealth Of The Well-to-do Of An Industrial Society Is Both The Cause And Effect Of The Masses' Well-being.

Capitalism Has Improved The Standard Of Living Of The Wage Earners To An Unprecedented Extent. The Average American Family Enjoys Today Amenities Of Which, Only A Hundred Years Ago, Not Even The Richest Nabobs Dreamed.

The Aim Of The Popularization Of Economic Studies Is Not To Make Every Man An Economist. The Idea Is To Equip The Citizen For His Civic Functions In Community Life.