- Cafe Hayek - http://cafehayek.com -

Quotation of the Day…

Posted By Don Boudreaux On November 10, 2012 @ 7:33 am In Civil Society,Complexity & Emergence,State of Macro | Comments Disabled

… is from page 58 of Hayek’s 1988 volume, The Fatal Conceit [1]:

Although Keynes was, in spite of himself, to contribute greatly to the weakening of freedom, he shocked his Bloomsbury friends by not sharing their general socialism; yet most of his students were socialists of one sort or other.  Neither he nor these students recognized how the extended order must be based on long-run considerations.

And thus the great appeal of Keynesianism to politicians.

Be Sociable, Share!
  • [2]
  • [3]
  • [4]
  • [5]
  • [6]

Comments

comments


Article printed from Cafe Hayek: http://cafehayek.com

URL to article: http://cafehayek.com/2012/11/quotation-of-the-day-456.html

URLs in this post:

[1] The Fatal Conceit: http://www.amazon.com/The-Fatal-Conceit-Socialism-Collected/dp/0226320669/ref=sr_1_1?s=books&ie=UTF8&qid=1332499031&sr=1-1

[2]

  • : http://twitter.com/intent/tweet?text=Quotation%20of%20the%20Day...%20-%20http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html%20

    [3]

  • : https://mail.google.com/mail/?view=cm&fs=1&to&su=Quotation%20of%20the%20Day...&body=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&ui=2&tf=1&shva=1

    [4]

  • : http://www.stumbleupon.com/submit?url=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&title=Quotation%20of%20the%20Day...

    [5]

  • : http://www.google.com/reader/link?url=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&title=Quotation%20of%20the%20Day...&srcURL=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&srcTitle=Cafe+Hayek+where+orders+emerge

    [6] Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&Title=Quotation%20of%20the%20Day...

    [7]

  • : http://www.myspace.com/Modules/PostTo/Pages/?u=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&t=Quotation%20of%20the%20Day...

    [8]

  • : http://reddit.com/submit?url=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&title=Quotation%20of%20the%20Day...

    [9]

  • : http://news.ycombinator.com/submitlink?u=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html&t=Quotation%20of%20the%20Day...

    [10]

  • : http://sphinn.com/index.php?c=post&m=submit&link=http%3A%2F%2Fcafehayek.com%2F2012%2F11%2Fquotation-of-the-day-456.html

    [11] Tweet: https://twitter.com/share

  • Copyright © 2011 CafeHayek.com. All rights reserved.