Share this sentence
— Friedrich August von Hayek"If the resources of different nations are treated as exclusive properties of these nations as wholes, if international economic relations, instead of being relations between individuals, become increasingly relations between whole nations organized as trading bodies, they inevitably become the source of friction and envy between whole nations."
Discover more quotes
Previous Quote
The primary conflict, I think, is between people whose interests are with already well-established economic activities, and those whose interests are with the emergence of new economic activities.
— Jane Jacobs
Next Quote
There may be few instances in which the superstition that only measurable magnitudes can be important has done positive harm in the economic field: but the present inflation and employment problems are a very serious one.
— Friedrich August von Hayek
Loading recommended content...