2 Posts found for Author: Friedrich Hayek

The principle that the end justifies the means is in individualistic ethics regarded as the denial of all morals. In collectivist ethics it becomes necessarily the supreme rule.

Author: Friedrich Hayek | Subjects: Concepts, Ethics | Integrity | Morality

In a competitive society, most things can be had at a price – though it is often a cruelly high price we have to pay. […] The alternative is […] the favor of the mighty.

Author: Friedrich Hayek | Subject: Economics | Economy