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August 29, 2010

Hayek: The Back Story

"George Orwell . . . conceded that Hayek 'is probably right' about the 'totalitarian-minded' nature of intellectuals but concluded that he[Hayek] 'does not see, or will not admit, that a return to `free` competition means for the great mass of people a tyranny probably worse . . . than that of the state'. "
"How relevant is the book to Glenn Beck’s America? In his 1960 essay 'Why I Am Not a Conservative,' Hayek observed, 'Conservatism may often be a useful practical maxim, but it does not give us any guiding principles which can influence long-range developments'.”
( Hayek: The Back Story By JENNIFER SCHUESSLER, Published: July 9, 2010)

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