There Is, In A Competitive Society, Nobody

Liberty Not Only Means That The Individual Has Both The Opportunity And The Burden Of Choice; It Also Means That He Must Bear The Consequences Of His Actions. Liberty And Responsibility Are Inseparable.

In Government, The Scum Rises To The Top.

The Nobel Prize Confers On An Individual An Authority Which In Economics No Man Ought To Possess.

The Conservatives Have Already Accepted A Large Part Of The Collectivist Creed-a Creed That Has Governed Policy For So Long That Many Of Its Institutions Have Come To Be Accepted As A Matter Of Course And Have Become A Source Of Pride To "conservative" Parties Who Created Them. Here The Believer In Freedom Cannot But Conflict With The Conservative And Take An Essentially Radical Position, Directed Against Popular Prejudices, Entrenched Positions, And Firmly Established Privileges. Follies And Abuses Are No Better For Having Long Been Established Principles Of Folly.

Why Should We, However, In Economics, Have To Plead Ignorance Of The Sort Of Facts On Which, In The Case Of A Physical Theory, A Scientist Would Certainly Be Expected To Give Precise Information?