When It Becomes Dominated By

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

Few Are Ready To Recognize That The Rise Of Fascism And Nazism Was Not A Reaction Against The Socialist Trends Of The Preceding Period But A Necessary Outcome Of Those Tendencies.

From The Fact That People Are Very Different It Follows That, If We Treat Them Equally, The Result Must Be Inequality In Their Actual Position, And That The Only Way To Place Them In An Equal Position Would Be To Treat Them Differently. Equality Before The Law And Material Equality Are Therefore Not Only Different But Are In Conflict With Each Other; And We Can Achieve Either One Or The Other, But Not Both At The Same Time.

Without A Theory The Facts Are Silent.

The Economic Freedom Which Is The Prerequisite Of Any Other Freedom Cannot Be The Freedom From Economic Care Which The Socialist Promise Us, And Which Can Be Obtained Only By Relieving The Individual At The Same Time Of The Necessity And Of The Power Of Choice: It Must Be The Freedom Of Economic Activity Which, With The Right Of Choice, Inevitably Also Carries The Risk And The Responsibility Of That Right