The Idea That Human Kind

It Is Perhaps The Most Characteristic Feature Of The Intellectual That He Judges New Ideas Not By Their Specific Merits But By The Readiness With Which They Fit Into His General Conceptions, Into The Picture Of The World Which He Regards As Modern Or Advanced.

It May Indeed Prove To Be Far The Most Difficult And Not The Least Important Task For Human Reason Rationally To Comprehend Its Own Limitations. It Is Essential For The Growth Of Reason That As Individuals We Should Bow To Forces And Obey Principles Which We Cannot Hope Fully To Understand, Yet On Which The Advance And Even The Preservation Of Civilization Depend.

We Must Shed The Illusion That We Can Deliberately "create The Future Of Mankind." This Is The Final Conclusion Of The Forty Years Which I Have Now Devoted To The Study Of These Problems

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

'emergencies' Have Always Been The Pretext On Which The Safeguards Of Individual Liberty Have Been Eroded.