Quotation of the Day…

by Don Boudreaux on April 17, 2019

in Economics, Hayek

… is from page 34 of Hayek’s insightful 1933 essay “The Trend of Economic Thinking,” reprinted in F.A. Hayek, The Trend of Economic Thinking: Essays on Political Economists and Economic History (Chicago: University of Chicago Press, 1991), pp. 17-34:

[T]he economist frequently finds himself in disagreement in regard to means with those whom he is in agreement with regard to ends; and in agreement in regard to means with those whose views regarding ends are entirely antipathetic to him….

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