What A Free Society Offers To The

Freedom Granted Only When It Is Known Beforehand That Its Effects Will Be Beneficial Is Not Freedom.

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.

Conservatism, Though A Necessary Element In Any Stable Society, Is Not A Social Program; In Its Paternalistic, Nationalistic And Power Adoring Tendencies It Is Often Closer To Socialism Than True Liberalism; And With Its Traditionalistic, Anti-intellectual, And Often Mystical Propensities It Will Never, Except In Short Periods Of Disillusionment, Appeal To The Young And All Those Others Who Believe That Some Changes Are Desirable If This World Is To Become A Better Place.

Economic Control Is Not Merely Control Of A Sector Of Human Life Which Can Be Separated From The Rest; It Is The Control Of The Means For All Our Ends. And Whoever Has Sole Control Of The Means Must Also Determine Which Ends Are To Be Served, Which Values Are To Be Rates Higher And Which Lower, In Short, What Men Should Believe And Strive For.

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.