No Human Mind Can Comprehend All The

Economic Control Is Not Merely Control Of A Sector Of Human Life Which Can Be Separated From The Rest; It Is The Control Of The Means For All Our Ends. And Whoever Has Sole Control Of The Means Must Also Determine Which Ends Are To Be Served, Which Values Are To Be Rates Higher And Which Lower, In Short, What Men Should Believe And Strive For.

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

We Must Not Forget That … Monetary Policy All Over The World Has Followed The Advice Of The Stabilizers. It Is High Time That Their Influence, Which Has Already Done Harm Enough, Should Be Overthrown.

We Must Shed The Illusion That We Can Deliberately "create The Future Of Mankind." This Is The Final Conclusion Of The Forty Years Which I Have Now Devoted To The Study Of These Problems

There Is, In A Competitive Society, Nobody Who Can Exercise Even A Fraction Of The Power Which A Socialist Planning Board Would Possess.