“If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most of those who will retire at the end of the century will be dependent on the charity of the younger generation. And ultimately not morals but the fact that the young supply the police and the army will decide the issue: concentration camps for the aged unable to maintain themselves are likely to be the fate of an old generation whose income is entirely dependent on coercing the young.” IfsRealEndsFactsYoungMoralIssuesFateGenerationsCenturyDegreesArmyPoliceCharityIncomeOutcomesDependentConcentrationCampsRetiringInflationYounger GenerationConcentration Camp Author:Friedrich August von Hayek
“I would in fact tend to have more confidence in the outcome of a democratic decision if there was a minority that voted against it, than if it was unanimous... Social psychology has amply shown the strength of this bandwagon effect.” IfsFactsSocialDecisionPsychologyEffectsDemocraticOutcomesMinoritiesSocial PsychologyBandwagon Author:Jurgen Habermas
“You can think of my films as cautionary tales, but you might even think of them as despairing tales, because at least in a cautionary tale, you have this idea that by listening to the story you can assure a better outcome. Whereas I'm not at all convinced that's the case. In fact, if anything, I'm convinced that it's the opposite.” IfsThinkingIdeasFactsStoriesMightFilmCasesListeningOppositesConvincedTalesOutcomesCautionary Tales Author:Errol Morris