But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them.

There is no word more generally misinterpreted than the word egoism, in its modern sense.

The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest.

In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.