A Quote by Friedrich August von Hayek

Conservatives are inclined to use the powers of government to prevent change or to limit its rate to whatever appeals to the more timid mind. In looking forward, they lack the faith in the spontaneous forces of adjustment which makes the liberal accept changes without apprehension, even though he does not know how the necessary adaptations will be brought about.
How has all the knowledge in the world been gained but by the concentration of the powers of the mind? The world is ready to give up its secrets if we only know how to knock, how to give it the necessary blow. The strength and force of the blow come through concentration. There is no limit to the power of the human mind. The more concentrated it is, the more power is brought to bear on one point; that is the secret.
Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation." "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.
Every change in conditions will make necessary some change in the use of resources, in the direction and kind of human activities, in habits and practices. And each change in the actions of those affected in the first instance will require further adjustments that will gradually extend through the whole of society. Every change thus in a sense creates a "problemfor society, even though no single individual perceives it as such; it is gradually "solvedby the establishment of a new overall adjustment.
A revolution in humanity's use of fossil fuel-based energy would be necessary sooner or later to sustain and to extend modern standards of living. It will be required sooner if we are to hold the risks of climate change to acceptable levels. The costs that we bear in making an early adjustment will bring forward, and reduce for future times, the costs of the inevitable eventual adjustment away from fossil fuels.
No one can know how long this dumbing-down of American religion will persist. But so long as it does, citizens should probably be more vigilant about policing the public square, not less so. . . . [Y]ou cannot sustain liberal democracy without cultivating liberal habits of mind among religious believers. That remains true today, both in Baghdad and in Baton Rouge.
Many scales of climate change are in fact natural, from the slow tectonic scale, to the fast changes embedded within glacial and interglacial times, to the even more dramatic changes that characterize a switch from glacial to interglacial. So why worry about global warming, which is just one more scale of climate change? The problem is that global warming is essentially off the scale of normal in two ways: the rate at which this climate change is taking place, and how different the "new" climate is compared to what came before.
Trump hasn't really done anything yet to abuse his powers. I don't even know if he knows what all his powers are as president. And that worries me. He will learn. After he learns how the presidency works, he could become much more dangerous, because his personality doesn't change. Once presidents find their powers, they don't give them up. They use them.
They're willing to accept changes on the part of the U.S. that contribute to more money entering Cuba so they can benefit. But in terms of political changes on the island, an opening, etc., that won't happen, that won't change, and I've always said that, from the beginning. I've even said that it doesn't matter how many tourists who to Cuba, how many times the President visits Cuba; there won't be any changes in the Cuban government's posture. And that is the same as always.
Fashion really does change the world. It changes how people feel about themselves. It changes what people are comfortable with sexuality-wise. It changes how people accept themselves.
If a person studies too much and exhausts his reflective powers, he will be confused, and will not be able to apprehend even that which had been within the power of his apprehension. For the powers of the body are all alike in this respect.
Whenever the powers of government are placed in any hands other than those of the community, whether those of one man, of a few, or of several, those principles of human nature which imply that government is at all necessary, imply that those persons will make use of them to defeat the very end for which government exists.
I was brought up to believe in free will. Although I came to doubt all revelation, I can never accept the idea that the Universe is a physical or chemical accident, a result of blind evolution. Even though I learned to recognize the lies, the clichés and the idolatries of the human mind, I still cling to some truths which I think all of us might accept some day.
If you think about Cisco's offerings like TelePresence, where it's an immersive way to communicate for businesses to connect and have conversations in a real-time immersive mode, how that will change health care, how that'll change retail business, how that'll change actually travel. There's lots of changes that we will see going forward.
Look at the list of liberals who are active in politics, if not running. Barbra Streisand, Sean Penn, Warren Beatty, Springsteen, Spielberg... And then you look at the conservatives, it's like Chuck Norris, Bo Derek and the Gatlin Brothers. I don't know if being liberal makes you more right, but it does seem like it makes you more talented.
If a Chinese student does not know Chinese learning, it's like a person without a surname, a horse without a bridle, a boat without a helm. The more Western learning he possesses, the more hateful of China he will become. Even if he becomes a capable man of vast learning, how can he be of any use to the state?
Education is power, it changes your whole life, it can create a life for yourself. So the more educated you are, the more you learn about what you care about, you become a more caring person. And if you can speak about what you care about to a person you disagree with, without denigrating or insulting them, then you may actually be heard. And you may even change their mind, or they may change yours.
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