Human Reason Can Neither Predict Nor Deliberately

Planning Leads To Dictatorship Because Dictatorship Is The Most Effective Instrument Of Coercion And The Enforcement Of Ideals And, As Such, Essential If Central Planning On A Large Scale Is To Be Possible.

If We Wish To Preserve A Free Society, It Is Essential That We Recognize That The Desirability Of A Particular Object Is Not Sufficient Justification For The Use Of Coercion.

The Credit Which The Apparent Conformity With Recognized Scientific Standards Can Gain For Seemingly Simple But False Theories May, As The Present Instance Shows, Have Grave Consequences.

If Socialists Understood Economics, They Wouldn't Be Socialist.

In Abbreviated Form, By A Kind Of Symbol, Only The Most Essential Information Is Passed On And Passed On Only To Those Concerned. It Is More Than A Metaphor To Describe The Price System As A Kind Of Machinery For Registering Change, Or A System Of Telecommunications Which Enables Individual Producers To Watch Merely The Movement Of A Few Pointers, As An Engineer Might Watch The Hands Of A Few Dials, In Order To Adjust Their Activities To Changes Of Which They May Never Know More Than Is Reflected In The Price Movement.