Maxioms by F.a. Hayek
It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress. In read more
It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress. In the process by which opinion is formed, it is very probable that, by the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point which the majority have reached. It is because we do not yet which of the many competing new opinions will prove itself the best that we wait until it has gained sufficient support.
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.
Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing read more
Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing wrong.
...the argument for liberty is not an argument against organization, which is one of the most powerful tools human reason read more
...the argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better.
Humiliating to human pride as it may be, we must recognize that the advance and even the preservation of civilization read more
Humiliating to human pride as it may be, we must recognize that the advance and even the preservation of civilization are dependent upon a maximum of opportunity for accidents to happen.