Justice, Like Liberty And Coercion, Is A

The Effect Of The People's Agreeing That There Must Be Central Planning, Without Agreeing On The Ends, Will Be Rather As If A Group Of People Were To Commit Themselves To Take A Journey Together Without Agreeing Where They Want To Go; With The Result That They May All Have To Make A Journey Which Most Of Them Do Not Want At All.

It Is, Indeed, Part Of The Liberal Attitude To Assume That, Especially In The Economic Field, The Self-regulating Forces Of The Market Will Somehow Bring About The Required Adjustments To New Conditions, Although No One Can Foretell How They Will Do This In A Particular Instance. There Is Perhaps No Single Factor Contributing So Much To People

The Conception That Government Should Be Guided By Majority Opinion Makes Sense Only If That Opinion Is Independent Of Government. The Ideal Of Democracy Rests On The Belief That The View Which Will Direct Government Emerges From An Independent And Spontaneous Process. It Requires, Therefore, The Existence Of A Large Sphere Independent Of Majority Control In Which The Opinions Of The Individuals Are Formed.

It Is Only Because The Majority Opinion Will Always Be Opposed By Some That Our Knowledge And Understanding Progress... It Is Always From A Minority Acting In Ways Different From What The Majority Would Prescribe That The Majority In The End Learns To Do Better.

Unlike The Position That Exists In The Physical Sciences, In Economics And Other Disciplines That Deal With Essentially Complex Phenomena, The Aspects Of The Events To Be Accounted For About Which We Can Get Quantitative Data Are Necessarily Limited And May Not Include The Important Ones.