Friedrich August von Hayek Quotes:
Ocupation: Economist
Life: May 8, 1899 - March 23, 1992
Birthday: May 8
Death: March 23
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.
source: "The Constitution of Liberty". Book by Friedrich Hayek. Part I: "The Value of Freedom". Chapter 2: "The Creative Power of a Free Civilization", 1960.
topic: Differences, Civilization, Political, Political Theory
