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Nothing Is More Securely Lodged Than The Ignorance Of The Experts.
-Friedrich August Von Hayek
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Nothing Is More Securely Lodged
Friedrich August Von Hayek
Nothing Is More Securely Lodged Than The Ignorance Of The Experts.
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Topic
Ignorance
Experts
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It Is, Indeed, Part Of The Liberal Attitude To Assume That, Especially In The Economic Field, The Self-regulating Forces Of The Market Will Somehow Bring About The Required Adjustments To New Conditions, Although No One Can Foretell How They Will Do This In A Particular Instance. There Is Perhaps No Single Factor Contributing So Much To People
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The Mischievous Idea That All Public Needs Should Be Satisfied By Compulsory Organization And That All The Means That Individuals Are Willing To Devote To Pubic Purposes Should Be Under The Control Of Government, Is Wholly Alien To The Basic Principles Of A Free Society.
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