War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods.

War... is harmful, not only to the conquered but to the conqueror.

The philosophy of protectionism is a philosophy of war.

Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousness of new needs and gives industry the incentive to fulfill them.

Economically considered, war and revolution are always bad business.

Whoever wants peace among nations must seek to limit the state and its influence most strictly.