Thoughts

On Quotes from F.A. Hayek

What a glorious mustache

Here are some interesting quotes I dug up from Friedrich A. Hayek:

On the inherent conceit of top-down approaches:

“The curious task of economics is to demonstrate to men how little they know about what they can imagine they can design.”

It’s amazing how the simple yet powerful price mechanism coordinates and optimizes the structure of production in the economy, and how plans by the many and not plans by the few allow this mechanism to operate well.

On redistributory mechanisms:

There is all the difference in the world between treating people equally and attempting to make them equal.

Only what one deserves.

Thoughts

On Man's Insignificance

Yes that’s the earth right there.

This is a passage from Carl Sagan, noted astronomer, commenting on the photo below, which is a view of the Earth from the Voyager spacecraft, four billion miles away (6.4 trillion kilometers, down with the cursed English system). It’s a beautiful description of man’s insignificance in the true sense of the cosmos.

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Thoughts

On the Opinion Entitlement Fallacy

The process of argument has, for me, always been a journey towards the discovery of truth. However, seldom does this process go well. People usually end up with more questions than answers and the matter is almost never resolved. One of the reasons is because of certain fallacies that just won’t die.

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