What A Free Society Offers To The

The Credit Which The Apparent Conformity With Recognized Scientific Standards Can Gain For Seemingly Simple But False Theories May, As The Present Instance Shows, Have Grave Consequences.

The Principle That The End Justifies The Means Is In Individualist Ethics Regarded As The Denial Of All Morals. In Collectivist Ethics It Becomes Necessarily The Supreme Rule.

I Am Convinced That If The Market System Were The Result Of Deliberate Human Design, And If The People Guided By The Price Changes Understood That Their Decisions Have Significance Far Beyond Their Immediate Aims, This Mechanism Would Have Been Acclaimed As One Of The Greatest Triumphs Of The Human Mind.

Planning Leads To Dictatorship Because Dictatorship Is The Most Effective Instrument Of Coercion And The Enforcement Of Ideals And, As Such, Essential If Central Planning On A Large Scale Is To Be Possible.

If We Wish To Preserve A Free Society, It Is Essential That We Recognize That The Desirability Of A Particular Object Is Not Sufficient Justification For The Use Of Coercion.