Maxioms by F.a. Hayek
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.
The mind cannot foresee its own advance.
The mind cannot foresee its own advance.
...whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made read more
...whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made to prevail by force if need be, it is less wasteful to determine which has the stronger support by counting numbers than by fighting. Democracy is the only method of peaceful change that man has yet been discovered.