We Must Face The Fact

Hayek Was Making Us Think Of The Productive Process As A Process In Time, Inputs Coming Before Outputs.

There Is Nothing In The Basic Principles Of Liberalism To Make It A Stationary Creed; There Are No Hard-and-fast Rules Fixed Once And For All. ... Probably Nothing Has Done So Much Harm To The Liberal Cause As The Wooden Insistence Of Some Liberals On Certain Rules Of Thumb, Above All The Principle Of Laissez Faire.

The Confidence In The Unlimited Power Of Science Is Only Too Often Based On A False Belief That The Scientific Method Consists In The Application Of A Ready-made Technique, Or In Imitating The Form Rather Than The Substance Of Scientific Procedure, As If One Needed Only To Follow Some Cooking Recipes To Solve All Social Problems. It Sometimes Almost Seems As If The Techniques Of Science Were More Easily Learnt Than The Thinking That Shows Us What The Problems Are And How To Approach Them.

While An Equality Of Rights Under A Limited Government Is Possible And An Essential Condition Of Individual Freedom, A Claim For Equality Of Material Position Can Be Met Only By A Government With Totalitarian Powers.

Perhaps Even More Than Elsewhere Current Notions Of What Is Desirable And Practicable Are Here Still Of A Kind Which May Well Produce The Opposite Of What They Promise.