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Fundamentals Quotes

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Fundamentals Quotes

“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.”

“The fundamental trouble with marriage is that it shakes a man's confidence in himself, and so greatly diminishes his general competence and effectiveness. His habit of mind becomes that of a commander who has lost a decisive and calamitous battle. He quite trusts himself thereafter.”

“The most fundamental paradox is that if we're never to use force, we must be prepared to use it and to use it successfully. We Americans don't want war and we don't start fights. We don't maintain a strong military force to conquer or coerce others. The purpose of our military is simple and straightforward: we want to prevent war.”

“All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity.”

“It is my hypothesis that the fundamental source of conflict in this new [post-Cold-War] world will not be primarily ideological or primarily economic. The great divisions among humankind and the dominating source of conflict will be cultural. Nation states will remain the most powerful actors in world affairs, but the principal conflicts of global politics will occur between nations and groups of different civilizations. The clash of civilizations will dominate global politics. The fault lines between civilizations will be the battle lines of the future.”