"We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our vie…"

"The part of our social order which can or ought to be made a conscious product of human reason is only a small part o…"

"I am certain that there are many who regard with impatience and distrust the whole tendency, which is inherent in all…"

"The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowl…"

"Hayek's adversaries — Oskar Lange and company — argued that a market system had to be inferior to a centrally-planned…"

"The shipper who earns his living from using otherwise empty or half-filled journeys of tramp-steamers, or the estate …"

"Fundamentally, in a system in which the knowledge of the relevant facts is dispersed among many people, prices can ac…"

"In abbreviated form, by a kind of symbol, only the most essential information is passed on and passed on only to thos…"

"The problem is thus in no way solved if we can show that all the facts, if they were known to a single mind (as we hy…"

"There is all the difference in the world between treating people equally and attempting to make them equal. While the…"