Friedrich August von Hayek Quote

"There is perhaps no single factor
contributing so much to people's frequent reluctance to let the market work as their
inability to conceive how some necessary balance, between demand and supply, between
exports and imports, or the like, will be brought about without deliberate control. The
conservative feels safe and content only if he is assured that some higher wisdom watches
and supervises change, only if he knows that some authority is charged with keeping the
change "orderly." "

By:	Friedrich August von Hayek (more quotes by Friedrich August von Hayek or books by/about Friedrich August von Hayek)
	(1899-1992), Nobel Laureate of Economic Sciences 1974
Source:	"Why I Am Not a Conservative," postcript to The Constitution of Liberty [1960] (Chicago: Henry Regnery, 1972)
Courtesy of:	http://www.cato.org/sites/cato.org/files/articles/hayek-why-i-am-not-conservative.pdf
Categories:	Authority, Conservatism, Control, Free Market
Rating: