It is of the essence of the demand for equality before the law that people should be treated alike in spite of the fact that they are different.

[The] impersonal process of the market ... can be neither just nor unjust, because the results are not intended or foreseen.

If we can reduce the risk of friction likely to lead to war, this is probably all we can reasonably hope to achieve.

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 ... Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.

It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.

If socialists understood economics, they wouldn't be socialist.

And it's a necessity [for journalists] to pretend to be competent on every subject, some of which they really do not understand. They are under that necessity, I regret; I'm sorry for them. But to pretend to understand all the things you write about, and habitually to write about things you do not understand, is a very corrupting thing.