“I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions.”
Author details
Related authors
Other Friedrich August von Hayek Quotes
It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.
Friedrich August von Hayek 
61% of people like this quote
If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will be they who will settle these questions for the others, and because they are convinced of their own capacity to do this.
Friedrich August von Hayek
59% of people like this quote
We have indeed at the moment little cause for pride: as a profession we have made a mess of things.
Friedrich August von Hayek
58% of people like this quote
Our moral traditions developed concurrently with our reason, not as its product.
Friedrich August von Hayek
58% of people like this quote
I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions.
Friedrich August von Hayek
56% of people like this quote