Who imagines that there exist any common ideals of distributive justice such as will make the Norwegian fisherman consent to forego the prospect of economic improvement in order to help his Portuguese fellow, or the Dutch worker to pay more for his bicycle to help the Coventry mechanic, or the French peasant to pay more taxes to assist the industrialization of Italy? If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will be they who will settle these questions for the others, and because they are convinced of their own capacity to do this justly and equitably.

The problems raised by a conscious direction of economic affairs on a national scale inevitably assume even greater dimensions when the same is attempted inter…

To undertake the direction of the economic life of people with widely divergent ideals and values is to assume responsibilities which commit one to the use of …

If we were to make no better use of victory than to countenance existing trends in this direction, only too visible before 1939, we might indeed find that we h…

In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It …

Obviously, crime pays, or there'd be no crime.

Aggression unopposed becomes a contagious disease.