Last summer, I realized that as a single mom I’m really going to have to learn about money if I want my son to use this tool wisely. 167 more words
Tags » Road To Serfdom
This classic book is a very well argued treatise on how central planning and big government will lead countries on the path toward totalitarianism. It is also a stubbornly pro-status quo book in the sense that it insists on the state being not only a necessity, but also on the state having a role to play in things that Hayek never bothers to argue or prove it really has a role to play in. 577 more words
Listening to “The Road to Serfdom” by F. A. Hayek I came across this quote.
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It merely starts from the indisputable fact that the limits of our powers of imagination make it impossible to include in our scale of values more than a sector of the needs of the whole society, and that, since, strictly speaking, scales of value can exist only in individual minds, nothing but partial scales of value exist, scales which are inevitably different and often inconsistent with each other.
“Although the beliefs must be chosen for the people and imposed upon them, they must become their beliefs, a generally accepted creed which makes the individuals as far as possible act spontaneously in the way the planner wants. 413 more words