Through The Inevitable Mismanagement Of Resources And

By Giving The Government Unlimited Powers, The Most Arbitrary Rule Can Be Made Legal; And In This Way A Democracy May Set Up The Most Complete Despotism Imaginable.

'emergencies' Have Always Been The Pretext On Which The Safeguards Of Individual Liberty Have Been Eroded.

Socialism Is Simply A Re-assertion Of That Tribal Ethics Whose Gradual Weakening Had Made An Approach To The Great Society Possible.

The Economic Freedom Which Is The Prerequisite Of Any Other Freedom Cannot Be The Freedom From Economic Care Which The Socialist Promise Us, And Which Can Be Obtained Only By Relieving The Individual At The Same Time Of The Necessity And Of The Power Of Choice: It Must Be The Freedom Of Economic Activity Which, With The Right Of Choice, Inevitably Also Carries The Risk And The Responsibility Of That Right

There Is Nothing In The Basic Principles Of Liberalism To Make It A Stationary Creed; There Are No Hard-and-fast Rules Fixed Once And For All. ... Probably Nothing Has Done So Much Harm To The Liberal Cause As The Wooden Insistence Of Some Liberals On Certain Rules Of Thumb, Above All The Principle Of Laissez Faire.