Tuesday, March 23, 2021

Quote of the Day: 23 March 2021 #QotD

“To split or decentralize power is necessarily to reduce the absolute amount of power, and the competitive system is the only system designed to minimize by decentralization the power exercised by man over man.” -F. A. Hayek
“To split or decentralize power is necessarily to reduce the absolute amount of power, and the competitive system is the only system designed to minimize by decentralization the power exercised by man over man.” -F. A. Hayek
[It is now twenty-nine years since the world lost the light of Mr. Hayek. May his wisdom enlighten us for many more years.]

No comments:

Post a Comment