Monday, March 30, 2009

Monday Quotations

3/30/09.

How can the combination of fragments of knowledge existing in different minds bring about results which, if they were to be brought about deliberately, would require a knowledge on the part of the directing mind which no single person can possess? To show that in this sense the spontaneous actions of individuals will, under conditions which we can define, bring about a distribution of resources which can be understood as if it were made according to a single plan, although nobody has planned it, seems to me indeed an answer to the problem which has sometimes been metaphorically described as that of the 'social mind.'

--- F. A. Hayek (1899 - 1992)


I am certain that nothing has done so much to destroy the judicial safeguards of individual freedom as the striving after this mirage of social justice.

--- F. A. Hayek


The progress of science is strewn, like an ancient desert trail, with the bleached skeleton of discarded theories which once seemed to possess eternal life.

--- Arthur Koestler (1905 - 1983)

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