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The more the world is specialized the more it will be run by generalists.
The more the world is specialized the more it will be run by generalists.
...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us read more
...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.
Crime wouldn't pay if the government ran it.
Crime wouldn't pay if the government ran it.
Conservative, n: A statesman who is enamored of existing evils, as distinguished from the Liberal who wishes to replace them read more
Conservative, n: A statesman who is enamored of existing evils, as distinguished from the Liberal who wishes to replace them with others.
Politics is too serious a matter to be left to the politicians.
Politics is too serious a matter to be left to the politicians.
The art of economics consists in looking not merely at the immediate but at the longer effects of any act read more
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.
We are anxious when there is a dissonance between our "knowledge" and the perceivable facts. Since our "knowledge" is not read more
We are anxious when there is a dissonance between our "knowledge" and the perceivable facts. Since our "knowledge" is not to be doubted or questioned, it is the facts that have to be altered...
The aspiration toward freedom is the most essentially human of all human manifestations.
The aspiration toward freedom is the most essentially human of all human manifestations.
Fair play with others is primarily the practice of not blaming them for anything that is wrong with us. We read more
Fair play with others is primarily the practice of not blaming them for anything that is wrong with us. We tend to rub our guilty conscience against others the way we wipe dirty fingers on a rag. This is as evil a misuse of others as the practice of exploitation.
