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Maxioms by F.a. Hayek

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This is the constitutional limitation of man's knowledge and interests, the fact that he cannot know more than a tiny read more

This is the constitutional limitation of man's knowledge and interests, the fact that he cannot know more than a tiny part of the whole of society and that therefore all that can enter into his motives are the immediate effects which his actions will have in the sphere he knows.

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The successful politician owes his power to the fact that he moves within the accepted framework of thought, that he read more

The successful politician owes his power to the fact that he moves within the accepted framework of thought, that he thinks and talks conventionally. It would be almost a contradiction in terms for a politician to be a leader in the field of ideas. His task in a democracy is to find out what the opinions held by the largest number are, not to give currency to new opinions which may become the majority view in some distant future.

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The mind cannot foresee its own advance.

The mind cannot foresee its own advance.

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...the ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but read more

...the ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but by the disappearance of the groups that have adhered to the "wrong" beliefs.

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From the fact that people are very different it follows that, if we treat them equally, the result must be read more

From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict which each other; and we can achieve either one or the other, but not both at the same time.

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