Home / Quotes / Quote by Julian Simon

Quote by Julian Simon

“Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes - his chief intellectual rival of the century - in the battle since the 1930s for the minds of economists and the policies of governments.”

Author

Julian Simon

Julian Simon was an American economist known for his unique views on resource scarcity and population growth. He conducted extensive research in the field of economics, particularly in resource and population economics. Professor Simon's theories and research findings have had a profound impact on policymakers and the academic community worldwide. more

“If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.”

Ifs Has Beens Fantasy Century Figures Capitalism Argument Planning Socialism Contests Twentieth Century Demonstrating Hayek Central Planning Knockouts

Author:Kenneth Minogue

“. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in which the idea of free-markets succeeded first, and then special events catalyzed a complete change of socio-political policy in countries around the world by Friedrich Hayek's The Road to Serfdom.”

“As a result of the efforts of Hayek .. and the many others who share his general outlook, the idea of a centrally planned and centrally administered economy, so popular in the 1930s and early 1940s, has been discredited.”

Has Beens Ideas Results Effort Economy Share Outlook 1930s Hayek

Book:Neoconservatism: The Autobiography of an Idea

Source: Neoconservatism: The Autobiography of an Idea

“For Dicey, writing in 1885, and for me reading him some seventy years later, the rule of law still had a very English, or at least Anglo-Saxon, feel to it. It was later, through Hayek's masterpieces "The Constitution of Liberty" and "Law, Legislation and Liberty" that I really came to think this principle as having wider application.”

Thinking Feels Writing Years Stills Law Reading Liberty Principles Constitution Application Legislation Masterpiece Seventies Rule Of Law Hayek Anglo Saxon

Author:Margaret Thatcher

“All the general propositions favouring freedom I had .. imbibed at my father's knee or acquired by candle-end reading of Burke and Hayek...”

Ends Reading Father Knees Candle Propositions Hayek

Author:Margaret Thatcher

“I was 25 years old and pursuing my doctorate in economics when I was allowed to spend six months of postgraduate studies in Naples, Italy. I read the Western economic textbooks and also the more general work of people like Hayek. By the time I returned to Czechoslovakia, I had an understanding of the principles of the market. In 1968, I was glad at the political liberalism of the Dubcek Prague Spring, but I was very critical of the Third Way they pursued in economics.”

“There is no figure who had more of an influence, no person had more of an influence on the intellectuals behind the Iron Curtain than Friedrich Hayek. His books were translated and published by the underground and black market editions, read widely, and undoubtedly influenced the climate of opinion that ultimately brought about the collapse of the Soviet Union.”

Persons Book Black Behinds Opinion Influence Figures Unions Climate Iron Soviet Collapse Soviet Union Curtains Hayek Iron Curtain Friedrich Hayek

Author:Milton Friedman

“It is in our lives and not our words that our religion must be read.”

Life Inspirational Action Religion Our Lives Integrity Reading Books Our Words

Book:The writings of Thomas Jefferson: being his autobiography, correspondence, reports, messages, addresses, and other writings, official and private

Source: The writings of Thomas Jefferson: being his autobiography, correspondence, reports, messages, addresses, and other writings, official and private

“If one writing contributed more than any other to the framework in which this work Sowell's Knowledge and Decisions developed, it would be an essay entitled 'The Use of Knowledge in Society,' published in the American Economic Review of September 1945, and written by F. A. Hayek . . In this plain and apparently simple essay was a deeply penetrating insight into the way societies function and malfunction, and clues as to why they are so often and so profoundly misunderstood.”

Ifs Way Writing Use Would Be Simple Decision Written Economic Function Insight Reviews September Entitled Clue Essays Misunderstood Framework Hayek Malfunction Use Of Knowledge

Author:Thomas Sowell

“The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all of the economists of my generation - Nicky Kaldor , Thomas Balogh, L. K. Jah, Paul Rosenstein-Rodan, the list could be indefinitely extended. The urge to participate (and correct Hayek) was ruthlessly competitive.”

Seems Generations Economic Theory Lists Urges Economist My Generation 1930s Seminars Hayek Economic Theory

Author:John Kenneth Galbraith

Quote by Julian Simon

Author

You May Also Like