Maxioms by F.a. Hayek
Humiliating to human pride as it may be, we must recognize that the advance and even the preservation of civilization read more
Humiliating to human pride as it may be, we must recognize that the advance and even the preservation of civilization are dependent upon a maximum of opportunity for accidents to happen.
...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.
The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. read more
The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. The ideal of democracy rests on the belief that the view which will direct government emerges from an independent and spontaneous process. It requires, therefore, the existence of a large sphere independent of majority control in which the opinions of the individuals are formed.