economy

What the government spends more, the public spends less. Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

Action is an attempt to substitute a more satisfactory state of affairs for a less satisfactory one. We call such a willfully induced alteration an exchange.

The vigorous man industriously striving for the improvement of his condition acts neither more nor less than the lethargic man who sluggishly takes things as they come. For to do nothing and to be idle are also action, they too determine the course of events.

All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.

The final outcome of the credit expansion is general impoverishment.

God created everything in abundance, man invented economics of scarcity!

There is an authentic spiritual impulse at the heart of our branding economy. We use brands to do identity work for us, finally, out of our desire to be recognised by others, by a power greater than ourselves; and the desire to recognise and know others, to commune with others under a power greater than ourselves. And in this recognising and being recognised, we experience that great power that draws us inward and outward.

Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and material, and the best commodities to trade in are sincerity and love.

" My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute.