If Socialists Understood Economics, They Wouldn't Be

It Is Perhaps The Most Characteristic Feature Of The Intellectual That He Judges New Ideas Not By Their Specific Merits But By The Readiness With Which They Fit Into His General Conceptions, Into The Picture Of The World Which He Regards As Modern Or Advanced.

Ever Since The Beginning Of Modern Science, The Best Minds Have Recognized That "the Range Of Acknowledged Ignorance Will Grow With The Advance Of Science." Unfortunately, The Popular Effect Of This Scientific Advance Has Been A Belief, Seemingly Shared By Many Scientists, That The Range Of Our Ignorance Is Steadily Diminishing And That We Can Therefore Aim At More Comprehensive And Deliberate Control Of All Human Activities. It Is For This Reason That Those Intoxicated By The Advance Of Knowledge So Often Become The Enemies Of Freedom.

[t]hose Who Are Willing To Surrender Their Freedom For Security Have Always Demanded That If They Give Up Their Full Freedom It Should Also Be Taken From Those Not Prepared To Do So.

If We Can Reduce The Risk Of Friction Likely To Lead To War, This Is Probably All We Can Reasonably Hope To Achieve.

It Used To Be The Boast Of Free Men That, So Long As They Kept Within The Bounds Of The Known Law, There Was No Need To Ask Anybody's Permission Or To Obey Anybody's Orders. It Is Doubtful Whether Any Of Us Can Make This Claim Today.