For Frank Knight, the fact that we are free to engage in economic purs
uits brings out what is both best and worst in human nature. The same
competitive economy that liberates individuals to choose their own des
ired ends also provides them with socially undesirable wants and foste
rs habits potentially at odds with the demands of liberal democracy Gi
ven Knight's desire both to defend human liberty and his concession th
at liberty is likely to be abused his version of liberalism must of ne
cessity be anticonsequentialist. Paradoxically, Knight's philosophical
pluralism-his insistence that there ave any number of incommensurable
perspectives on the good or just society-underlies both his criticism
of the ''ethical'' possibilities of the competitive order and his def
ense of human liberty against the dangers of social planning.