Is it really likely that a National Planning Officer would have a better judgement of 'the number of cars, the number of generators, and the quantities of frozen foods we are likely to require in, say, five years,' than Ford or General Motors etc., and, even more important, would it even be desirable that various companies in an industry all act on the same guess?

It may indeed prove to be far the most difficult and not the least important task for human reason rationally to comprehend its own limitations. It is essentia…

To discover the meaning of what is called 'social justice' has been one of my chief preoccupations for more than 10 years. I have failed in this endeavour - or…

While the method of the natural sciences is... analytic, the method of the social sciences is better described as compositive or synthetic. It is the so-called…

I can (well, almost) hear you asking yourselves 'why?'. Hurd will be out in a year (or two, or next month, who knows), and I've already got minix.

The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuou…

'Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.'