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Quotation of the Day…

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… is from page 5 of the original 1951 University of Chicago Press edition of Michael Polanyi’s The Logic of Liberty: A generation grew up full of moral fire and yet despising reason and justice. Believing instead in what? – in the forces which were left for them to believe in – in Power, Economic Interest, Subconscious Desire…. Compassion was turned into merciless hatred and the desire for brotherhood into deadly class-war. Comments

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is from page 5 of the original 1951 University of Chicago Press edition of Michael Polanyi’s The Logic of Liberty:

Quotation of the Day…A generation grew up full of moral fire and yet despising reason and justice. Believing instead in what? – in the forces which were left for them to believe in – in Power, Economic Interest, Subconscious Desire…. Compassion was turned into merciless hatred and the desire for brotherhood into deadly class-war.

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Don Boudreaux
He is a professor of economics at George Mason University in Fairfax, Virginia. Previously, he was president of the Foundation for Economic Education.

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