“Rhetorical bombast, music and song resound, banners wave, flowers and colors serve as symbols, and the leaders seek to attach their followers to their own person. Liberalism has nothing to do with ...”

“An attempt is sometimes made to demonstrate the desirability of measures directed against speculation by reference to the fact that there are times when there is nobody in opposition to the bears i...”

“Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bil...”

“But there are nevertheless three conclusions that seem to follow from our critical examination of the possibilities of inflationary policy. In the first place, all the aims of inflationism can be s...”

“That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really ...”

“Restrictionism, however, demands positive sacrifices from the national exchequer when it is carried out by the withdrawal of notes from circulation (say through the issue of interest-bearing bonds ...”

“Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred.”

“Of course, peace treaties are very attractive to those who sign them. They strengthen one's prestige with the electorate. But the time will come when the names of these public figures will be erase...”

“How would I explain to him that I couldnt make peace with him? How would I explain that if I did I would immediately lose my inner balance? How would I explain that one of the arms of my internal s...”

“In an era of globalization, people recognize that they are part of a global society, but they have no idea how to make such a society work. So far, no unified vision or leadership has emerged to gu...”

“Everybody should be equal in a democracy - that is the nature of a democracy.”

“You see these dictators on their pedestals, surrounded by the bayonets of their soldiers and the truncheons of their police ... yet in their hearts there is unspoken fear. They are afraid of words ...”

“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.”

“But Socialism, alone, can bring self-determination of their peoples.”

“Socialism, reduced to its simplest legal and practical expression, means the complete discarding of the institution of private property by transforming it into public property, and the division of ...”