The More I Learn About

If The Resources Of Different Nations Are Treated As Exclusive Properties Of These Nations As Wholes, If International Economic Relations, Instead Of Being Relations Between Individuals, Become Increasingly Relations Between Whole Nations Organized As Trading Bodies, They Inevitably Become The Source Of Friction And Envy Between Whole Nations.

We Can Either Have A Free Parliament Or A Free People. Personal Freedom Requires That All Authority Is Restrained By Long-run Principles Which The Opinion Of The People Approves.

A Society That Does Not Recognise That Each Individual Has Values Of His Own Which He Is Entitled To Follow Can Have No Respect For The Dignity Of The Individual And Cannot Really Know Freedom.

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

If We Can Reduce The Risk Of Friction Likely To Lead To War, This Is Probably All We Can Reasonably Hope To Achieve.