Fundamentally, there are only to ways of coordinating the economic activities of millions. One is central direction involving the use of coercion — the technique of the army and the modern totalitarian state. The other is voluntary cooperation — the technique of the marketplace.
Factual evidence can never “prove” a hypothesis; it can only fail to disprove it, which is what we generally mean when we say, somewhat inexactly, that the hypothesis is “confirmed” by experience.
- Topic: Thinking
More on Thinking
Men who reject the responsibility of thought and reason can only exist as parasites on the thinking of others.
I've always felt that a person's intelligence is directly reflected by the number of conflicting points of view he can entertain simultaneously on the same topic.
No amount of evidence will ever persuade an idiot.
Wisdom is nothing but a preparation of the soul, a capacity, a secret art of thinking, feeling and breathing thoughts of unity at every moment of life.
I have always believed, and I still believe, that whatever good or bad fortune may come our way we can always give it meaning and transform it into something of value.
Appearances to the mind are of four kinds. Things either are what they appear to be; or they neither are, nor appear to be; or they are, and do not appear to be; or they are not, and yet appear to be. Rightly to aim in all these cases is the wise man’s task.
New opinions are always suspected, and usually opposed, without any other reason but because they are not already common.
Life does not consist of facts. It consists mainly of the storm of thoughts that is forever flowing through one's head.
You don’t have to depend on any material possessions, they depend on you, you create them, you own the one and only tool of production.
Hold thought steadfastly to the enduring, the good, and the true, and you will bring these into your experience proportionately to their occupancy of your thoughts.