F.a. Hayek

The discussions of every age are filled with the issues on which its leading schools of thought differ. But the read more

The discussions of every age are filled with the issues on which its leading schools of thought differ. But the general intellectual atmosphere of the time is always determined by the views on which the opposing schools agree. They become the unspoken presuppositions of all thought, and common and unquestioningly accepted foundations on which all discussion proceeds.

From the saintly and single-minded idealist to the fanatic is often but a step.

From the saintly and single-minded idealist to the fanatic is often but a step.

However human, envy is certainly not one of the sources of discontent that a free society can eliminate. It is read more

However human, envy is certainly not one of the sources of discontent that a free society can eliminate. It is probably one of the essential conditions for the preservation of such a society that we do not countenance envy, not sanction its demands by camouflaging it as social justice, but treat it, in the words of John Stuart Mill, as "the most anti-social and evil of all passions.

Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between read more

Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that which the most ignorant individual can deliberately employ is comparatively insignificant.

...it is always from a minority acting in ways different from what the majority would prescribe that the majority in read more

...it is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.