Bonus Quotation of the Day…

by Don Boudreaux on December 8, 2017

in Hayek, Myths and Fallacies, Truth-seeking & ideology

… is from page 58 of the first volume (“Rules and Order,” 1973) of F.A. Hayek’s brilliant Law, Legislation, and Liberty – a volume that has done more than any other single book to affect my worldview:

That we should foreswear all principles or “isms” in order to achieve greater mastery over fate is even now proclaimed as the new wisdom of our age….  If I am not mistaken, this fashionable contempt for “ideology” or for all general principles or “isms” is a characteristic attitude of disillusioned socialists who, because they have been forced by the inherent contradictions of their own ideology to discard it, have concluded that all ideologies must be erroneous and that in order to be rational one must do without one.


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