Tag: Friedrich Hayek

1318: Jimmy Wales – Hayek & Wikipedia

Hayek’s work on price theory is central to my own thinking about how to manage the Wikipedia project. One can’t understand my ideas about Wikipedia without understanding Hayek. —Jimmy Wales, Founder of Wikipedia

Hayek’s work on price theory is central to my own thinking about how to manage the Wikipedia project. One can’t understand my ideas about Wikipedia without understanding Hayek. —Jimmy Wales, Founder of Wikipedia

Tags American libertarians, Anarchy, Economics, Education, Friedrich Hayek, Ideas, Jimmy Wales, Media, Political ideologies, Understanding
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1221: Friedrich Hayek – Those Who Surrender Freedom for Security

Those who are willing to surrender their freedom for security have always demanded that if they give up their full freedom it should also be taken from those not prepared to do so. —Friedrich Hayek

Those who are willing to surrender their freedom for security have always demanded that if they give up their full freedom it should also be taken from those not prepared to do so. —Friedrich Hayek

1201: F.A. Hayek – More Harm and Misery by Using Coercion

It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil. —F.A. Hayek

It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil. —F.A. Hayek

1188: Friedrich Hayek – Democracy will Inevitably Destroy Itself

When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself. —Friedrich Hayek

1160: Friedrich Hayek – Democratic Socialism Produces Something Different

Democratic Socialism, the great utopia of the last few generations, is not only unachievable, but that to strive for it produces something that many will not believe until the connection has been laid bare in all its aspects. —F.A. Hayek

1032: Walter Williams – Government Draws in People with Bloated Egos

W1032: Walter Williams - Government and Bloated Egos — Powerful government tends to draw into it people with bloated egos. People who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, "in government, the scum rises to the top" —Walter Williams

Powerful government tends to draw into it people with bloated egos. People who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, “in government, the scum rises to the top” —Walter Williams

1020: F.A. Hayek – Impossible to Control Productive Resources

W1020: F.A. Hayek - Control Over Productive Resources — It is impossible to assume control over all the productive resources without also deciding for whom and by whom they are to be used. —F.A. Hayek

It is impossible to assume control over all the productive resources without also deciding for whom and by whom they are to be used. —F.A. Hayek

1019: F.A. Hayek – Psychological Change That Will Destroy Liberty

F1019: F.A. Hayek - Psychological Change — The most important change which extensive government control produces is a psychological change, an alteration in the character of the people. This is necessarily a slow affair, a process which extends not over a few years but perhaps over one or two generations. The important point is that the political ideals of a people and its attitude toward authority are as much the effect as the cause of the political institutions under which it lives. This means, among other things, that EVEN a strong tradition of political liberty is no safeguard if the danger is precisely that new institutions and policies will gradually undermine and destroy that spirit.

The most important change which extensive government control produces is a psychological change, an alteration in the character of the people. This is necessarily a slow affair, a process which extends not over a few years but perhaps over one or two generations. The important point is that the political ideals of a people and its attitude toward authority are as much the effect as the cause of the political institutions under which it lives. This means, among other things, that EVEN a strong tradition of political liberty is no safeguard if the danger is precisely that new institutions and policies will gradually undermine and destroy that spirit.