Friedrich Hayek Quotes
And it's a necessity [for journalists] to pretend to be competent on every subject, some of which they really do not understand. They are under that necessity, I regret; I'm sorry for them. But to pretend to understand all the things you write about, and habitually to write about things you do not understand, is a very corrupting thing.
Hayek, Friedrich A. Interview by Thomas W. Hazlett. Reason, July 1992.
He warns particularly of politicians who believe their own lies.
He was asked why the War Office maintained three sets of figures: 1st Earl of Oxford
Compare his report with that of his counterpart of then rival Vietnam: {43139} and the Vietnamese Emperor: {607695}.
Allan Dulles was a long time Director of the CIA.
President’s did not have then the kinds of staff resources that they would get later. Roosevelt had friends and professional relationships with journalists, military men, business men and others whom he used for staff work and advice. Franklin Delano Roosevelt also used this technique extensively.
Friedrich August von Hayek CH FBA, often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher who is best known for his defence of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for his "pioneering work in the theory of money and economic fluctuations and [...] penetrating analysis of the interdependence of economic, social and institutional phenomena". His account of how changing prices communicate information that helps individuals co-ordinate their plans is widely regarded as an important achievement in economics, leading to his Nobel Prize.