
Source: (1962), Ch. 2 The Role of Government in a Free Society, p. 27
Nobel Address (1991)
Context: Being resolute today means to act within the framework of political and social pluralism and the rule of law to provide conditions for continued reform and prevent a breakdown of the state and economic collapse, prevent the elements of chaos from becoming catastrophic.
All this requires taking certain tactical steps, to search for various ways of addressing both short- and long-term tasks. Such efforts and political and economic steps, agreements based on reasonable compromise, are there for everyone to see.
Source: (1962), Ch. 2 The Role of Government in a Free Society, p. 27
Source: The State and Economic Stagnation in Tropical Africa, p. 321
Source: The Ultimate Foundation of Economic Science (1962), Chapter 5: On Some Popular Errors Concerning the Scope and Method of Economics, § 10 : The Concept of a Perfect System of Government
Context: It is a double-edged makeshift to entrust an individual or a group of individuals with the authority to resort to violence. The enticement implied is too tempting for a human being. The men who are to protect the community against violent aggression easily turn into the most dangerous aggressors. They transgress their mandate. They misuse their power for the oppression of those whom they were expected to defend against oppression. The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.
[The Way Things Ought to Be, Pocket Books, October 1992, 277, 978-0671751456, 92028659, 26397008, 1724938M]
Source: Reform or Revolution (1899), Ch. 8
Source: Markets as politics: A political-cultural approach to market institutions, 1996, p. 657
Life and the Poet (1942)
Context: The ultimate aim of politics is not politics, but the activities which can be practised within the political framework of the State. Therefore an effective statement of these activities — e. g. science, art, religion — is in itself a declaration of ultimate aims around which the political means will crystallise … a society with no values outside of politics is a machine carrying its human cargo, with no purpose in its institutions reflecting their care, eternal aspirations, loneliness, need for love.