Friedrich August von Hayek, (1899-1992), Nobel Laureate of Economic Sciences 1974 Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page Friedrich August von Hayek Quote “...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.”Friedrich August von Hayek ~ Friedrich August von Hayek (1899-1992), Nobel Laureate of Economic Sciences 1974 Free Thought , Freedom , Ignorance , Individual Rights , Individualism , Liberty , Welfare Ratings and Comments Reply jim k, Austin, Tx 1/1/13 "No one in this world, so far as I know, has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby. H.L. Mencken. Another Mencken quote which is always appropriate is this, "All government, in it's essence , is organized exploitation, and in virtually all of it's existing forms it is the implacable enemy of all industrious and well-disposed man." Reply E Archer, NYC 1/2/13 So true. That is why liberation and the process of awakening are so intertwined. Reply Abby 1/2/13 Wishful thinking. We have countrymen who have been deliberately dumbed down (read Charlott Iserbyt) now since the 70s and a current population that has no clue what identifies the United States of America. Two important documents, The Declaration of Independence and The united States Constitution and Bill of Rights defines America...but find anyone 45 or under who is aware of what those documents say and mean and you have found a self motivated person or one who was home schooled. The rest were taught the state is the provider, protector, and god to which the people owe their existence. Hayek would turn vomit green at what the US has become...whiney, divided, simpering, handwringing, dolts with their hands out...and now, the Feds are dipping into the Amendments. The people idle by like this is no big deal. It is the end deal...if who the USA is as a country mattered. Feinstein presented her bill yesterday....and it is going to be pushed hard and fast...just the opposite direction of the fed's gun running fast and furious. This will be the year of disarming America and with that federal gain liberty will be gone...but then we do have NDAA...so it is anyway, right? It is the people who have rolled over exposing their belly...and those who desire power have placed their boot on it. Are we strong enuff to shake them off and stand? We are a defined Country...and it is a great definition to be a defined republic with a written Constitution. DEMAND we be respected or file recalls for those who would forget they work for you and I. We are the higher power in our country--the people! SaveOk2 SaveOk2 View CommentsClick to view or comment. Share on Facebook Tweet Email Print This Friedrich August von Hayek quote is found in these categories: Free Thought quotes Freedom quotes Ignorance quotes Individual Rights quotes Individualism quotes Liberty quotes Welfare quotes About Friedrich August von Hayek Bio of Friedrich August von Hayek Quotations by Friedrich August von Hayek Books by/about Friedrich August von Hayek Friedrich August von Hayek videos Friedrich August von Hayek on Wikipedia Astrological chart for Friedrich August von Hayek