Capitalism without bankruptcy is like Christianity without hell.

Capitalism without bankruptcy is like Christianity without hell.

The "private sector" of the economy is, in fact, the voluntary sector; and...the "public sector" is, in fact, the coercive read more

The "private sector" of the economy is, in fact, the voluntary sector; and...the "public sector" is, in fact, the coercive sector.

Nothing can so alienate a voter from the political system as backing a winning candidate.

Nothing can so alienate a voter from the political system as backing a winning candidate.

Politics is not a game. It is an earnest business.

Politics is not a game. It is an earnest business.

...the ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but read more

...the ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but by the disappearance of the groups that have adhered to the "wrong" beliefs.

For Americans war is almost all of the time a nuisance, and military skill is a luxury like Mah-Jongg. But read more

For Americans war is almost all of the time a nuisance, and military skill is a luxury like Mah-Jongg. But when the issue is brought home to them, war becomes as important, for the necessary period, as business or sport. And it is hard to decide which is likely to be the more ominous for the Axis -- an American decision that this is sport, or that it is business. - The American Character.

Who overcomesBy force, hath overcome but half his foe.

Who overcomesBy force, hath overcome but half his foe.

A billion here and a billion there, and soon you're talking about real money.

A billion here and a billion there, and soon you're talking about real money.

Demagogue: one who preaches doctrines he knows to be untrue to men he knows to be idiots.

Demagogue: one who preaches doctrines he knows to be untrue to men he knows to be idiots.