Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.

The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long way first.

I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.

Like all his type, Newton was wholly aloof from women.

It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.

The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.

When my information changes, I alter my conclusions. What do you do, sir?