Dependency pays off for politicians, even when it damages an economy or ruins a society.
". . . for almost a century the basic principles on which this civilization was built have been falling into increasing disregard and oblivion." -- Hayek
Thursday, February 09, 2012
Quote of the Day
Tom Sowell:
Monday, February 06, 2012
Dimensions of Our Minds
F.A. Hayek:
What individualism teaches us is that society is greater than the individual only in so far as it is free. In so far as it is controlled or directed, it is limited to the powers of the individual minds which control or direct it. If the presumption of the modern mind, which will not respect anything that is not consciously controlled by individual reason, does not learn in time where to stop, we may, as Edmund Burke warned us, "be well assured that everything about us will dwindle by degrees, until at length our concerns are shrunk to the dimensions of our minds." ["Individualism: True and False]
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