Posted by: John Vandivier | August 19, 2013

Frederick Hayek Supports “Do It Yourself” Libertarianism

Recently I noted that Jeffrey Tucker‘s term “DIY Libertarianism” very well sums up my preferred strategy on a variety of fronts including entrepreneurship, political reform and others.

Today I noticed that Frederick Hayek has a great quote which perfectly places him as an advocate of the same idea:

“The physicist who is only a physicist can still be a first-class physicist and a most valuable member of society. But nobody can be a great economist who is only an economist – and I am even tempted to add that the economist who is only an economist is likely to become a nuisance if not a positive danger.”

Friedrich August von Hayek, “The Dilemma of Specialization,” in Studies in Philosophy, Politics, and Economics, (1967, p123) – Source

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