Quotation of the Day…

by Don Boudreaux on April 17, 2014

in Competition, Complexity & Emergence, Hayek, Hubris and humility

… is from page 37 of F.A. Hayek’s 1960 volume, The Constitution of Liberty:

The argument for liberty is not an argument against organization, which is one of the most powerful means that human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from trying to do better.

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