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

Friedrich August von Hayek Quote

“It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress. In the process by which opinion is formed, it is very probable that, by the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point which the majority have reached. It is because we do not yet know which of the many competing new opinions will prove itself the best that we wait until it has gained sufficient support.”

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


Ratings and Comments


Mike, Norwalk

An accurate expos on shallow sheeple, exposing a cause of despotism. There is nothing new under the sun. History is replete with what works and what doesn't work; what the law is and is not. He who forgets history (or places his lifestyle justifying opinion on it) is doomed to repeat it. The quote's opposition in all things is a good school master but, in the scope given, has dire consequences.

Ron w13, Or

Waiting, for what. The right opinions are already made. The Declaration of Independence. It is not open for debate or private opinion.

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