Hayek" class="bold-blue""Introduction" to .
Hayek" class="bold-blue""Foreword" to .
A great many people will tell you that all this is true, but that it does not excuseyou. These facts do not excuse some fellow who reaches into my pocket and takes out a fivedollar bill; the fact that the gas company bribes the members of the legislature from yearto year, and fixes the law, so that all you people are compelled to be fleecedwhenever you deal with them; the fact that the street car companies and the gas companieshave control of the streets and the fact that the landlords own all the earth, they say,has nothing to do with you.
Duke, Chinese Culture/Economics
Before I learned about Duke, I had made up my mind to study economics and to ultimately pursue a career in international business. I had come to see this path as the best combination for fulfilling both my aspirations towards knowledge and my pragmatic goals of a future livelihood. China, my planned area of focus, is an expanding market with a dearth of skilled business professionals. But I had misgivings because I wanted a school with a strong focus on the humanities as well.
Harvard, Leadership through Dedication
There are more people go to jail in hard times than in good times few peoplecomparatively go to jail except when they are hard up. They go to jail because they haveno other place to go. They may not know why, but it is true all the same. People are notmore wicked in hard times. That is not the reason. The fact is true all over the worldthat in hard times more people go to jail than in good times, and in winter more people goto jail than in summer. Of course it is pretty hard times for people who go to jail at anytime. The people who go to jail are almost always poor people people who have noother place to live first and last. When times are hard then you find large numbers ofpeople who go to jail who would not otherwise be in jail.
The of concepts would be about the essential characteristics.
Hayek's "intentionalistic fallacy." Nevertheless, one is left with the impression that Rand and her "Objectivist" successors do commit Hayek's "fatal conceit" by supposing that heroic characters will exercise a superrationalistic control over themselves and the economy, and that capitalism is not really a way of coping with ignorance, or with knowledge.