Towner Phelan, the St. Louis Union Trust Company's vice president for advertising in the 1940s, produced a monthly newsletter on the premise that the prosperity of the company's clients depended on the maintenance of the private enterprise system and the rejection of socialism.
Ludwig von Mises: "Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit." - Theory and History