If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.

Capitalism is what people do if you leave them alone.

Europeans have sometimes been beguiled by a despotism that comes concealed in the seductive form of an ideal – as it did in the cases of Hitler and Stalin. This fact may remind us that the possibility of despotism is remote neither in space nor in time.

If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.

Moral vices prosper by dressing themselves as virtues.

Theodore Dalrymple is a brilliant observer of both medicine and society, and his book wittily engages with two versions of the current nonsense: orthodox medicine on drug addiction, and romantic poets on the wisdom you supposedly enjoy from getting high.