Those Who Satisfy The Wants Of A

War Is Harmful, Not Only To The Conquered But To The Conqueror. Society Has Arisen Out Of The Works Of Peace; The Essence Of Society Is Peacemaking. Peace And Not War Is The Father Of All Things. Only Economic Action Has Created The Wealth Around Us; Labor, Not The Profession Of Arms, Brings Happiness. Peace Builds, War Destroys.

Private Property Creates For The Individual A Sphere In Which He Is Free Of The State. It Sets Limits To The Operation Of The Authoritarian Will. It Allows Other Forces To Arise Side By Side With And In Opposition To Political Power. It Thus Becomes The Basis Of All Those Activities That Are Free From Violent Interference On The Part Of The State. It Is The Soil In Which The Seeds Of Freedom Are Nurtured And In Which The Autonomy Of The Individual And Ultimately All Intellectual And Material Progress Are Rooted.

What Economic Calculation Requires Is A Monetary System Whose Functioning Is Not Sabotaged By Government Interference.

What Impels Every Man To The Utmost Exertion In The Service Of His Fellow Man. Is, In The Market Not Compulsion On The Part Of Gendarmes, Hangmen And Penal Courts, It Is Self Interest.

Capitalism Is Essentially A System Of Mass Production For The Satisfaction Of The Needs Of The Masses. It Pours A Horn Of Plenty Upon The Common Man. It Has Raised The Average Standard Of Living To A Height Never Dreamed Of In Earlier Ages. It Has Made Accessible To Millions Of People Enjoyments Which A Few Generations Ago Were Only Within The Reach Of A Small élite.