Hayek Was Making Us Think Of The

Unlike Liberalism, With Its Fundamental Belief In The Long-range Power Of Ideas, Conservatism Is Bound By The Stock Of Ideas Inherited At A Given Time. And Since It Does Not Really Believe In The Power Of Argument, Its Last Resort Is Generally A Claim To Superior Wisdom, Based On Some Self-arrogated Superior Quality.

The More The State "plans" The More Difficult Planning Becomes For The Individual.

Conservatism, Though A Necessary Element In Any Stable Society, Is Not A Social Program; In Its Paternalistic, Nationalistic And Power Adoring Tendencies It Is Often Closer To Socialism Than True Liberalism; And With Its Traditionalistic, Anti-intellectual, And Often Mystical Propensities It Will Never, Except In Short Periods Of Disillusionment, Appeal To The Young And All Those Others Who Believe That Some Changes Are Desirable If This World Is To Become A Better Place.

We Must Not Forget That … Monetary Policy All Over The World Has Followed The Advice Of The Stabilizers. It Is High Time That Their Influence, Which Has Already Done Harm Enough, Should Be Overthrown.

In The Small Group The Individual Can Know The Effects Of His Actions On His Several Fellows, And The Rules May Effectively Forbid Him To Harm Them In Any Manner And Even Require Him To Assist Them In Specific Ways. In The Great Society Many Of The Effects Of A Person's Actions On Various Fellows Must Be Unknown To Him. It Can, Therefore, Not Be The Specific Effects In The Particular Case, But Only Rules Which Define Kinds Of Actions Prohibited Or Required, Which Must Serve As Guides To The Individual.