To Be Controlled In Our Economic Pursuits

The Principle That The End Justifies The Means Is In Individualist Ethics Regarded As The Denial Of All Morals. In Collectivist Ethics It Becomes Necessarily The Supreme Rule.

Social Justice Rests On The Hate Towards Those That Enjoy A Comfortable Position, Namely, Upon Envy.

Every Change In Conditions Will Make Necessary Some Change In The Use Of Resources, In The Direction And Kind Of Human Activities, In Habits And Practices. And Each Change In The Actions Of Those Affected In The First Instance Will Require Further Adjustments That Will Gradually Extend Through The Whole Of Society. Every Change Thus In A Sense Creates A "problemfor Society, Even Though No Single Individual Perceives It As Such; It Is Gradually "solvedby The Establishment Of A New Overall Adjustment.

There Is Perhaps No Single Factor Contributing So Much To People's Frequent Reluctance To Let The Market Work As Their Inability To Conceive How Some Necessary Balance, Between Demand And Supply, Between Exports And Imports, Or The Like, Will Be Brought About Without Deliberate Control. The Conservative Feels Safe And Content Only If He Is Assured That Some Higher Wisdom Watches And Supervises Change, Only If He Knows That Some Authority Is Charged With Keeping The Change "orderly.

We Know: Of Course, With Regard To The Market And Similar Social Structures, A Great Many Facts Which We Cannot Measure And On Which Indeed We Have Only Some Very Imprecise And General Information.