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Archive for the 'Friedrich Hayek' Category

Quote of the Day 12/16/09

Wednesday, December 16th, 2009

Is it really likely that a National Planning Officer would have a better judgement of ‘the number of cars, the number of generators, and the quantities of frozen foods we are likely to require in, say, five years,’ than Ford or General Motors etc., and, even more important, would it even be desirable that various companies in an industry all act on the same guess? Friedrich Hayek.

Quote of the Day 8/29/09

Saturday, August 29th, 2009

I am certain that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice. Friedrich Hayek – Economic Freedom and Representative Government Every time I hear the democrat party talk about social justice or economic justice, I know I’m about to get my […]

Quote of the Day 8/20/09

Thursday, August 20th, 2009

The chief evil is unlimited government, and nobody is qualified to wield unlimited power. Friedrich Hayek – The Constitution of Liberty I like this much better than that bit about absolute power corrupting…. Why? It’s simple. Please explain to me how exactly folks like Hitler and Stalin were corrupted by power. They weren’t. There is […]