What A Free Society Offers

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.

It Is Because Freedom Means The Renunciation Of Direct Control Of Individual Efforts That A Free Society Can Make Use Of So Much More Knowledge Than The Mind Of The Wisest Ruler Could Comprehend.

The Curious Task Of Economics Is To Demonstrate To Men How Little They Really Know About What They Imagine They Can Design.

The Confidence In The Unlimited Power Of Science Is Only Too Often Based On A False Belief That The Scientific Method Consists In The Application Of A Ready-made Technique, Or In Imitating The Form Rather Than The Substance Of Scientific Procedure, As If One Needed Only To Follow Some Cooking Recipes To Solve All Social Problems. It Sometimes Almost Seems As If The Techniques Of Science Were More Easily Learnt Than The Thinking That Shows Us What The Problems Are And How To Approach Them.

Competition Means Decentralized Planning By Many Separate Persons.