Friedrich August von HayekFriedrich August von Hayek, (1899-1992), Nobel Laureate of Economic Sciences 1974

Friedrich August von Hayek Quote

“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.”

Friedrich August von HayekFriedrich August von Hayek
~ Friedrich August von Hayek


Ratings and Comments


Mike, Norwalk

I would change the term, concept and word, 'knowledge' with 'accepted information' and 'wisest' with 'master'. Knowledge would here imply an absolute truth. By way of example: There is no position which depends on clearer principles, than that every act of a delegated authority, contrary to the tenor of the commission under which it is exercised, is void. No legislative act, therefore, contrary to the Constitution, can be valid. To deny this, would be to affirm, that the deputy is greater than his principal; that the servant is above his master; that the representatives of the people are superior to the people themselves; that men acting by virtue of powers, may do not only what their powers do not authorize, but what they forbid. (Alexander Hamilton) In Amerika today, the occupying statist theocracy infesting this land is affirmed the master and superior to the people themselves. The masters have said: The necessity for a government to tax in order to maintain both its independence and solvency ⋯ is not true for a national government. (Beardsley Ruml, chairman of the New York Federal Reserve Bank, 1945) - The most ignorant individual is deliberately enslaved by the information held by the masters.

Pvt, Pvt
  • Reply
Pvt, Pvt    1/8/15

A rather stupid quote especially now that the intelligence of each person can be rather accurately measured and ranked.
But the danger from evil is another matter. It must be found and destroyed as the War Against The West shows. The examples of the slaughter of Jews and Christians seems to prove the ineffectiveness of Good to overcome these evil creatures.

@

Get a Quote-a-Day!

Liberty Quotes sent to your mail box daily.