By the age of fifteen, I had convinced myself that nobody could give a reasonable explanation of what he meant by the word 'God' and that it was therefore as meaningless to assert a belief as to assert a disbelief in God. Though this, in a general way, has remained my position ever since, I have always avoided unnecessarily to offend other people holding religious belief by displaying my lack of such belief, or even stating my lack of belief, if I was not challenged.

Once wide coercive powers are given to governmental agencies for particular purposes, such powers cannot be effectively controlled by democratic assemblies.

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

The chief point we must remember is that the great and rapid advance of the physical sciences took place in fields where it proved that explanation and prediction could be based on laws which accounted for the observed phenomena as functions of comparatively few variables - either particular facts or relative frequencies of events.

The mischievous idea that all public needs should be satisfied by compulsory organization and that all the means that individuals are willing to devote to pubic purposes should be under the control of government, is wholly alien to the basic principles of a free society.

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

Is there a greater tragedy imaginable than that, in our endeavour consciously to shape our future in accordance with high ideals, we should in fact unwittingly produce the very opposite of what we have been striving for?