Economics is not an attempt to generalize human desires or human behavior; but to generalize the phenomena of price.
Michael Joseph OakeshottWe consider ourselves to be free because no one in our society is allowed unlimited powerno leader, faction, party or 'class', no majority, no government, church, corporation, trade, or professional association or trade union. The secret of its freedom is that it is composed of a multitude of organisations in the constitution of the best of which is reproduced that diffusion of power which is characteristic of the whole.
Michael Joseph OakeshottThe rule of law bakes no bread, it is unable to distribute loaves or fishes (it has none), and it cannot protect itself against external assault, but it remains the most civilized and least burdensome conception of a state yet to be devised.
Michael Joseph OakeshottTo be conservative, then, is to prefer the familiar to the unknown, to prefer the tried to the untried, fact to mystery, the actual to the possible, the limited to the unbounded, the near to the distant, the sufficient to the superabundant, the convenient to the perfect, present laughter to utopian bliss.
Michael Joseph Oakeshott