There Is, In A Competitive Society, Nobody

It May Be That A Free Society... Carries In Itself The Forces Of Its Own Destruction, That Once Freedom Has Been Achieved It Is Taken For Granted And Ceases To Be Valued, And That The Free Growth Of Ideas Which Is The Essence Of A Free Society Will Bring About The Destruction Of The Foundations On Which It Depends.

Each Member Of Society Can Have Only A Small Fraction Of The Knowledge Possessed By All, And...each Is Therefore Ignorant Of Most Of The Facts On Which The Working Of Society Rests...civilization Rests On The Fact That We All Benefit From Knowledge Which We Do Not Possess. And One Of The Ways In Which Civilization Helps Us To Overcome That Limitation On The Extent Of Individual Knowledge Is By Conquering Intelligence, Not By The Acquisition Of More Knowledge, But By The Utilization Of Knowledge Which Is And Which Remains Widely Dispersed Among Individuals.

The Guiding Principle That A Policy Of Freedom For The Individual Is The Only Truly Progressive Policy Remains As True Today As It Was In The Nineteenth Century.

Competition Means Decentralized Planning By Many Separate Persons.

I Do Not Think It Is An Exaggeration To Say History Is Largely A History Of Inflation, Usually Inflations Engineered By Governments For The Gain Of Governments.