“Not only do we possess an all-inclusive scale of values: it would be impossible for any mind to comprehend the infinite variety of different needs of different people which compete for available resources and to attach a definite weight to each. For our problem it is of minor importance whether the ends for which any person cares comprehend only his individual needs, or whether they include the needs of his closer or even those of his more distant fellows---that is whether he is egoistic or altruistic in the ordinary sense of the words. The point which is so important is it is impossible for any man to survey more than a limited field, to be aware of the urgency of more than a limited number of needs. Whether he takes an interest in his own physical needs, or whether he takes a warm interest in the welfare of every human being he knows, the ends about which he can be concerned will always be only an infinitesimal fraction of the needs of all men.” — Friedrich Hayek, Road to Serfdom
Posted on: Sat, 13 Jul 2013 02:00:43 +0000
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