Quotation of the Day…

(Don Boudreaux)

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… is from page 60 of F.A. Hayek’s July 1946 speech at Stanford University titled “The Prospects of Freedom,” as this speech appears – for the first time in print – as chapter 3 of the hot-off-the-press Essays on Liberalism and the Economy (2022), which is volume 18 (expertly edited by Paul Lewis), of The Collected Works of F.A. Hayek:

There are many achievements of the liberal period which we take so much for granted that we no longer are aware on what they depend, and which we may easily lose if we do not relearn the lessons which those who gained us these liberties understood.