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.

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

Being frustrated is disagreeable, but the real disasters of life begin when you get what you want.

There are different kinds of truths for different kinds of people. There are truths appropriate for children; truths that are appropriate for students; truths that are appropriate for educated adults; and truths that are appropriate for highly educated adults, and the notion that there should be one set of truths available to everyone is a modern democratic fallacy. It doesn't work.

...only liberal organizations are clearly designated [in the press] as "nonpatisan, nonprofit." Non-liberal research organizations are always identified as "right-wing" or "conservative."

If God does not exist, and if religion is an illusion that the majority of men cannot live without ... let men believe in the lies of religion since they cannot do without them, and let then a handful of sages, who know the truth and can live with it, keep it among themselves. Men are then divided into the wise and the foolish, the philosophers and the common men, and atheism becomes a guarded, esoteric doctrine - for if the illusions of religion were to be discredited, there is no telling with what madness men would be seized, with what uncontrollable anguish.

...What is at stake is civilization and humanity, nothing less. The idea that everything is permitted, as Nietzsche put it, rests on the premise of nihilism and has nihilistic implications. I will not pretend that the case against nihilism and for civilization is an easy one to make. We are here confronting the most fundamental of philosophical questions, on the deepest levels. In short, the matter of pornography and obscenity is not a trivial one, and only superficial minds can take a bland and untroubled view of it.