Wednesday, May 08, 2013

Hayek quote

The folks at Cafe Hayek have just blogged a wonderful quote by Hayek. Self-sufficiency is all fine and dandy in principle but this right here is where it's at:

"It is one of the accomplishments of modern society that freedom may be enjoyed by a person with practically no property of his own (beyond personal belongings like clothing – and even these can be rented) and that we can leave the care of the property that serves our needs largely to others.  The important point is that the property should be sufficiently dispersed so that the individual is not dependent upon particular persons who alone can provide him with what he needs or who alone can employ him."

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