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Quote by Vaclav Klaus

“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.”

Author

Vaclav Klaus

Václav Klaus, born on June 19, 1941, is a former President of the Czech Republic. He has a strong academic background in economics and political science, serving as a professor of economics at the University of Economics in Prague. During his presidency, Klaus was committed to promoting economic reforms in the Czech Republic and the process of European integration. more

“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.”

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Author:Milton Friedman

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

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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.”