As a result of the efforts of Hayek .. and the many others who share his general outlook, the idea of a centrally planned and centrally administered economy, so popular in the 1930s and early 1940s, has been discredited.

No modern nation has ever constructed a foreign policy that was acceptable to its intellectuals

I regard myself to have been a young Trostkyite and I have not a single bitter memory.

People need religion. It's a vehicle for a moral tradition. A crucial role. Nothing can take its place.

The really difficult moral issues arise, not from a confrontation of good and evil, but from a collision between two goods

If your aims as a donor are modest, you can accomplish an awful lot. When your aims become elevated beyond a reasonable level, you not only don't accomplish much, but you can cause a great deal of damage.

I have observed over the years that the unanticipated consequences of social action are always more important, and usually less agreeable, than the intended consequences.