The Study Of Economics Has Been Again

The Flowering Of Human Society Depends On Two Factors: The Intellectual Power Of Outstanding Men To Conceive Sound Social And Economic Theories, And The Ability Of These Or Other Men To Make These Ideologies Palatable To The Majority.

The Law-abiding Citizen By His Labor Serves Both Himself And His Fellow Man And Thereby Integrates Himself Peacefully Into The Social Order. The Robber, On The Other Hand, Is Intent, Not On Honest Toil, But On The Forcible Appropriation Of The Fruits Of Others' Labor.

The First Socialists Were The Intellectuals; They, And Not The Masses, Are The Backbone Of Socialism.

The Market And Its Inescapable Law Are Supreme.

Where Nietzsche's Response To The Equation Of Socialism And Morality Was To Question The Value Of Morality, At Least As It Had Been Customarily Understood, Economists Like Mises And Hayek Pursued A Different Path, One Nietzsche Would Never Have Dared To Take: They Made The Market The Very Expression Of Morality.