[the] Impersonal Process Of The Market ...

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

If The Human Intellect Is Allowed To Impose A Preconceived Pattern On Society, If Our Powers Of Reasoning Are Allowed To Lay Claim To A Monopoly Of Creative Effort... Then We Must Not Be Surprised If Society, As Such, Ceases To Function As A Creative Force.

It May Indeed Prove To Be Far The Most Difficult And Not The Least Important Task For Human Reason Rationally To Comprehend Its Own Limitations. It Is Essential For The Growth Of Reason That As Individuals We Should Bow To Forces And Obey Principles Which We Cannot Hope Fully To Understand, Yet On Which The Advance And Even The Preservation Of Civilization Depend.

...the Case For Individual Freedom Rests Largely On The Recognition Of The Inevitable And Universal Ignorance Of All Of Us Concerning A Great Many Of The Factors On Which The Achievements Of Our Ends And Welfare Depend.

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.