“The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better.” ~ F. A. Hayek
Category: F A Hayek
Rating Achievements Through “Rate of Growth”
“. . . how absurd it is to judge relative performance by rate of growth, which is as often as not evidence of past neglect rather than of present achievement. In many respects it is easier and not more difficult for an undeveloped country to grow rapidly once an appropriate framework has been secured.”
Source: F. A Hayek. The Political Order of a Free People. 1979. Page 190. Volume 3 of Law, Legislation and Liberty.
Hayek on “The Mirage of Social Justice”
Such is the current state of public debate and understanding that anyone who is against or even questions the presumed desirability of what is known as “social justice” is axiomatically equated with being a monster lacking basic human morality and compassion. Friedrich Hayek (1899 – 1992), one may say, was one such monster. He began by trying to make as good a case in support of the ideal of ‘social justice’ as he could but realized that the concept was meaningless. “I have now become convinced, however, that the people who habitually employ the phrase simply do not know themselves what they mean by it and just use it as an assertion that a claim is justified without giving a reason for it.” That’s from his book The Mirage of Social Justice, the second volume of his magnum opus Law, Legislation and Liberty (1973). Here’s an extended quote from it.
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Man versus the State
English philosopher, biologist, anthropologist, sociologist, and prominent classical liberal political theorist of the Victorian era, Herbert Spencer (1820-1903) wrote this in “The Man versus the State” (1884).
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Atanu Dey : Life is a Random Draw 