“There is one aspect of the change in moral values brought about by the advance of collectivism which at the present time provides special food for thought. It is that the virtues which are held less and less in esteem and which consequently become rarer and precisely those on which the British people justly prided themselves and in which they were generally agreed to excel. The virtues possessed by Anglo-Saxons in a higher degree than most other people, excepting only a few of the smaller nations, like the Swiss and the Dutch, were independence and self-reliance, individual initiative and local responsbility, the successful reliance on voluntary activity, noninterference with one's neighbor and tolerance of the different and queer, respect for custom and tradition, and a healthy suspicion of power and authority.”

“It is true that the virtues which are less esteemed and practiced now--independence, self-reliance, and the willingness to bear risks, the readiness to back one's own conviction against a majority, and the willingness to voluntary cooperation with one's neighbors--are essentially those on which an individualist society rests. Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.”

“The man of system, on the contrary, is apt to be very wise in his own conceit; and is often so enamoured with the supposedbeauty of his own ideal plan of government, that he cannot suffer the smallest deviation from any part of it. He goes on toestablish it completely and in all its parts, without any regard either to the great interests, or to the strong prejudices whichmay oppose it. He seems to imagine that he can arrange the different members of a great society with as much ease as thehand arranges the different pieces upon a chess-board. He does not consider that the pieces upon the chess-board have no otherprinciple of motion besides that which the hand impresses upon them; but that, in the great chess-board of human society, everysingle piece has a principle of motion of its own, altogether different from that which the legislature might chuse to impressupon it. If those two principles coincide and act in the same direction, the game of human society will go on easily andharmoniously, and is very likely to be happy and successful. If they are opposite or different, the game will go on miserably,and the society must be at all times in the highest degree of disorder.”

“The ultimate ends of the activities of reasonable beings are never economic. Money is one of the greatest instruments of freedom ever invented by man.”

“I am certain, however, that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice.”

“Freedom to order our own conduct in the sphere where material circumstances force a choice upon us, and responsibility for the arrangement of our own life according to our own conscience, is the air in which alone moral sense grows and in which moral values are daily recreated in the free decision of the individual. Responsibility, not to a superior, but to one's own conscience, the awareness of a duty not exacted by compulsion, the necessity to decide which of the things one values are to be sacrificed to others, and to bear the consequences of one's own decision, are the very essence of any morals which deserve the name.”

“There is one vice of which no man in the world is free; which every one in the world loathes when he sees it in someone else; and of which hardly any people, except Christians, ever imagine that they are guilty themselves. […] There is no fault which makes a man more unpopular, and no fault which we are more unconscious of in ourselves.[…]The vice I am talking of is Pride or Self-Conceit: and the virtue opposite to it, in Christian morals, is called Humility.”