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.

There is all the difference in the world between treating people equally and attempting to make them equal.

I am certain, however, that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice.

We must raise and train an army of fighters for freedom.

The chief evil is unlimited government, and nobody is qualified to wield unlimited power.

That there is little hope of international order or lasting peace so long as every country is free to employ whatever measures it thinks desirable in its own immediate interest, however damaging they may be to others, needs little emphasis now.

I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it.