Skip to content

Keynes ultimately placed his hopes for good government in exceptional men. The focus in Hayek’s work was rules.

— Alan O. Ebenstein Hayek's Journey: The Mind of Friedrich Hayek (2003)

Another quote →

Topics

Government

More quotes by Alan O. Ebenstein

The difference between Hayek’s view and that of the logical positivists was that he moved in an idealist direction and they emphasized verification.

Hayek's Journey: The Mind of Friedrich Hayek (2003)

While it is possible to imagine Mises without Hayek, it is not possible to imagine Hayek without Mises.

Hayek's Journey: The Mind of Friedrich Hayek (2003)

Hayek never really departed from the essential economic theory that he developed during the 1920s, although he expanded and deepened his analysis.

Hayek's Journey: The Mind of Friedrich Hayek (2003)

Among Mises’s greatest personal attributes was courage. He had the force of will and character to maintain a position that he thought true even if almost no one else did.

Hayek's Journey: The Mind of Friedrich Hayek (2003)

Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.

Hayek's Journey: The Mind of Friedrich Hayek (2003)

All Alan O. Ebenstein quotes →

You may also like

Ill can he rule the great, that cannot reach the small.

Edmund Spenser The Faerie Queene (1589)

The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse.

James Madison

Bureaucracy and social harmony are inversely proportional to each other.

Leon Trotsky The Revolution Betrayed (1936)

There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.

John Adams

Attribution

Quote text and notes from Wikiquote: Alan O. Ebenstein (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.