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Maxioms by F.a. Hayek

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...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.

by F.a. Hayek Found in: Society Quotes,
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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.

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Even more significant of the inherent weakness of the collectivist theories is the extraordinary paradox that from the assertion that read more

Even more significant of the inherent weakness of the collectivist theories is the extraordinary paradox that from the assertion that society is in some sense more than merely the aggregate of all individuals their adherents regularly pass by a sort of intellectual somersault to the thesis that in order that the coherence of this larger entity be safeguarded it must be subjected to conscious control, that is, to the control of what in the last resort must be an individual mind. It thus comes about that in practice it is regularly the theoretical collectivist who extols individual reason and demands that all forces of society be made subject to the direction of a single mastermind, while it is the individualist who recognizes the limitations of the powers of individual reason and consequently advocates freedom as a means for the fullest development of the powers of the interindividual process.

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The mind cannot foresee its own advance.

The mind cannot foresee its own advance.

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Human reason can neither predict nor deliberately shape its own future. Its advances consist in finding out where it has read more

Human reason can neither predict nor deliberately shape its own future. Its advances consist in finding out where it has been wrong.

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