Is There A Greater Tragedy Imaginable Than

Competition Means Decentralized Planning By Many Separate Persons.

There Is Only One '' Principle That Can Preserve A Free Society: Namely, The Strict Prevention Of All Coercion Except In The Enforcement Of General Abstract Rules Equally Applicable To All.

Once Wide Coercive Powers Are Given To Governmental Agencies For Particular Purposes, Such Powers Cannot Be Effectively Controlled By Democratic Assemblies.

I Must Confess That If I Had Been Consulted Whether To Establish A Nobel Prize In Economics, I Should Have Decidedly Advised Against It.

At A Time When Most Movements That Are Thought To Be Progressive Advocate Further Encroachments On Individual Liberty, Those Who Cherish Freedom Are Likely To Expend Their Energies In Opposition. In This They Find Themselves Much Of The Time On The Same Side As Those Who Habitually Resist Change.