What Is Lacking To The Underdeveloped Nations

The Luxury Of Today Is The Necessity Of Tomorrow. Every Advance First Comes Into Being As The Luxury Of A Few Rich People, Only To Become, After A Time, An Indispensable Necessity Taken For Granted By Everyone. Luxury Consumption Provides Industry With The Stimulus To Discover And Introduce New, Things. It Is One Of The Dynamic Factors In Our Economy. To It We Owe The Progressive Innovations By Which The Standard Of Living Of All Strata Of The Population Has Been Gradually Raised.

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.

Socialism Is Not An Alternative To Capitalism; It Is An Alternative To Any System Under Which Men Can Live As Human Beings.

If One Regards Inflation As An Evil, Then One Has To Stop Inflating. One Has To Balance The Budget Of The Government.

Nobody Ever Recommended A Dictatorship Aiming At Ends Other Than Those He Himself Approved. He Who Advocates Dictatorship Always Advocates The Unrestricted Rule Of His Own Will