No scientist ever believes that he has the final answer or the ultimate truth on anything.

To know is not too demanding: it merely requires memory and time. But to understand is quite a different matter: it requires intellectual ability and training, a self conscious awareness of what one is doing, experience in techniques of analysis and synthesis, and above all, perspective.

The difference between a stable society and an unstable one is that the restraints in an unstable one are external. In a stable society government ultimately becomes unnecessary; the restraints on people's actions are internal, they're self-disciplined.

A state is not the same thing as a society, although the Greeks and Romans thought it was. A state is an organization of power on a territorial basis.

Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.

Even today few scientists and perhaps even fewer nonscientists realize that science is a method and nothing else.

After years of work in both areas of study, I concluded that the social sciences were different, in many important ways, from the natural sciences, but that the same scientific methods were applicable in both areas, and, indeed, that no very useful work could be done in either area except by scientific methods.