Competition

Competition takes place among producers and sellers not only within each individual branch of production, but also between all related goods, and in the final analysis, between all economic goods.

A Critique of Interventionism, p. 48

Competitors aim at excellence and preeminence in accomplishments within a system of mutual cooperation. The function of competition is to assign to every member of the social system that position in which he can best serve the whole of society and all its members.

Human Action, p. 117; p. 117

The sharper the competition, the better it serves its social function to improve economic production.

A Critique of Interventionism, p. 84

It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

Socialism, p. 285