Friedrich Hayek Quote

The mechanism by which the interaction of democratic decisions and their implementation by the experts often produces results which nobody has desired is a subject which would deserve much more careful attention than it usually receives.


Lecture I. Freedom and the Rule of Law: A Historical Survey - 1. Principles and Drift in Democratic Process - "The Use of Knowledge in Society" (1945)


The mechanism by which the interaction of democratic decisions and their implementation by the experts often produces results which nobody has...

The mechanism by which the interaction of democratic decisions and their implementation by the experts often produces results which nobody has...

The mechanism by which the interaction of democratic decisions and their implementation by the experts often produces results which nobody has...

The mechanism by which the interaction of democratic decisions and their implementation by the experts often produces results which nobody has...