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"..where effective competition can be created, it is a better way of guiding individual efforts than any other... regards competition as superior not only because it is in most circumstances the most efficient method known but even more because it is the only method by which our activities can be adjusted to each other without coercive or arbitrary intervention of authority."

— Friedrich August von Hayek
friedrich august von hayek Quotes Efficient,Superiors,Method

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Friedrich August von Hayek
Efficient
Superiors
Method
Capitalism
Free Market
Arbitrary
Intervention
Better Ways
Activity
Individual Effort

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No one knows what capacities for doing and suffering he has in himself, until something comes to rouse them to activity: just as in a pond of still water, lying there like a mirror, there is no sign of the roar and thunder with which it can leap from the precipice, and yet remain what it is; or again, rise high in the air as a fountain. When water is as cold as ice, you can have no idea of the latent warmth contained in it.

— Arthur Schopenhauer

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Showing off seemed to me to be a highly valuable and necessary activity when I was 20.

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