Notable Quote: F. A. Hayek - Granite Grok

Notable Quote: F. A. Hayek

FAHayekThat a government which undertakes to direct economic activity will have to use its power to realize somebody’s ideal of distributive justice is certain.  But how can and how will it use that power?  By what principles will it or ought it to guided?  Is there a definite answer to the innumerable question of relative merits that will arise and that will have to be solved deliberately?  Is there a scale of values, on which reasonable people can be expected to agree, which would justify a new hierarchical order of society and is likely to satisfy the demands for justice?

-FA Hayek

 

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