"Let anyone who believes that a high standard of living is the achievement of labor unions and government controls ask himself the following question: If one had a "time machine" and transported the united labor chieftains of America, plus three million government bureaucrats, back to the tenth century—would they be able to provide the medieval serf with electric light, refrigerators, automobiles, and television sets?"
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"In any country, however new and vast, it would be possible to change "scarcity of labor" into "scarcity of employment" by increasing the price put on the use of land. If three families settled a virgi…"
"Nobody who has paid any attention to the peculiar features of our present era will doubt for a moment that we are living at a period of most wonderful transition which tends rapidly to the accomplishm…"
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