A Claim For Equality Of Material Position

The Nobel Prize Confers On An Individual An Authority Which In Economics No Man Ought To Possess.

Unlike The Rationalism Of The French Revolution, True Liberalism Has No Quarrel With Religion, And I Can Only Deplore The Militant And Essentially Illiberal Antireligionism Which Animated So Much Of Nineteenth-century Continental Liberalism. ... What Distinguishes The Liberal From The Conservative Here Is That, However Profound His Own Spiritual Beliefs, He Will Never Regard Himself As Entitled To Impose Them On Others And That For Him The Spiritual And The Temporal Are Different Sphere Which Ought Not To Be Confused.

Civilization Enables Us Constantly To Profit From Knowledge Which We Individually Do Not Possess And Because Each Individual's Use Of His Particular Knowledge May Serve To Assist Others Unknown To Him In Achieving Their Ends That Men As Members Of Civilized Society Can Pursue Their Individual Ends So Much More Successfully Than They Could Alone.

I Do Not Think It Is An Exaggeration To Say History Is Largely A History Of Inflation, Usually Inflations Engineered By Governments For The Gain Of Governments.

The More The State "plans" The More Difficult Planning Becomes For The Individual.