". . . for almost a century the basic principles on which this civilization was built have been falling into increasing disregard and oblivion." -- Hayek
Thursday, February 07, 2008
Reward For Merit
Friedrich Hayek:
Reward for merit is reward for obeying the wishes of others in what we do, not compensation for the benefits we have conferred upon them by doing what we thought best. (The Constitution of Liberty)
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