Friedrich A. von Hayek - All political theories assume, of course, that most individuals are...

All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in that they include among the ignorant themselves as well as the wisest. Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that the most ignorant individual can deliberately employ is comparatively insignificant.

Friedrich A. von Hayek

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Friedrich A. von Hayek Quotes

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All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in that they include among the ignorant themselves as well as the wisest. Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that the most ignorant individual can deliberately employ is comparatively insignificant. Friedrich A. von Hayek
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Related Topics

politics economics

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political theories assume individuals ignorant plead liberty differ rest include wisest compared totality knowledge continually utilized evolution dynamic civilization difference individual deliberately employ comparatively insignificant

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