“Our faith in freedom does not rest on the foreseeable results in particular circumstances but on the belief that it will, on balance, release more forces for the good than for the bad.”

“It is because every individual knows little and, in particular, because we rarely know which of us knows best best that we trust the independent and competitive efforts of many to induce the emerge...”

“Freedom necessarily means that many things will be done which we do not like.”

“The mind can never foresee its own advance”

“All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in that they include among the ignorant themselves as well as the...”

“If we can agree that the economic problem of society is mainly one of rapid adaptation to changes in the particular circumstances of time and place, it would seem to follow that the ultimate decisi...”

“For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If...”

“It is not good for man to be kept perforce at all times in the presence of his species. A world from which solitude is extirpated is a very poor ideal. Solitude, in the sense of being often alone, ...”

“As technology accumulates and people in more parts of the planet become interdependent, the hatred between them tends to decrease, for the simple reason that you can't kill someone and trade with h...”

“Anyone who is capable of getting themselves made President should on no account be allowed to do the job.”

“Politics determines who has the power, not who has the truth.”

“Immer wieder behauptete Unwahrheiten werden nicht zu Wahrheiten, sondern, was schlimmer ist, zu Gewohnheiten.”