Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.
Innovation is the whim of an elite before it becomes a need of the public.
If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace.
The philosophy of protectionism is a philosophy of war.
The state can be and has often been in the course of history the main source of mischief and disaster.
Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.