In political activity, then, men sail a boundless and bottomless sea; there is neither harbour for shelter nor floor for anchorage, neither starting-place nor appointed destination. The enterprise is to keep afloat on an even keel.

History is what the evidence compels us to believe.

Economics is not an attempt to generalize human desires or human behavior; but to generalize the phenomena of price.

The 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.

A recorded past is no more than a bygone present composed of the footprints made by human beings actually going somewhere but not knowing (in any extended sense), and certainly not revealing to us, how, they came to be afoot on these particular journeys.

Every human being is born an heir to an inheritance to which he can succeed only in a process of learning.

The politics of our society are a conversation in which past, present and future each has a voice; and though one or other of them may on occasion properly prevail none permanently dominates, and on this account we are free.