We Certainly Do Not Regard It As

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.

Socialism Is Simply A Re-assertion Of That Tribal Ethics Whose Gradual Weakening Had Made An Approach To The Great Society Possible.

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.

Perhaps Even More Than Elsewhere Current Notions Of What Is Desirable And Practicable Are Here Still Of A Kind Which May Well Produce The Opposite Of What They Promise.

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