The proper conclusion from the considerations I have advanced is by no means that we may confidently accept all the old and traditional values. Nor e… - F.A. Hayek

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The proper conclusion from the considerations I have advanced is by no means that we may confidently accept all the old and traditional values. Nor even that there are any values or moral principles, which science may not occasionally question. The social scientist who endeavours to understand how society functions, and to discover where it can be improved, must claim the right critically to examine, and even to judge, every single value of our society. The consequence of what I have said is merely that we can never at one and the same time question all its values. Such absolute doubt could lead only to the destruction of our civilisation and – in view of the numbers to which economic progress has allowed the human race to grow – to extreme misery and starvation. Complete abandonment of all traditional values is, of course, impossible; it would make man incapable of acting. If traditional and taught values formed by man in the course of the evolution of civilisation were renounced, this could only mean falling back on those instinctive values, which man developed in hundreds of thousands of years of tribal life, and which now are probably in a measure innate.

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About F.A. Hayek

Friedrich August von Hayek CH (8 May 1899 – 23 March 1992) was an Austrian, later British, economist and philosopher best known for his defense of classical liberalism. In 1974, Hayek shared the 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". (Nobel Memorial Prize, 1974)

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Additional quotes by F.A. Hayek

Everything which might cause doubt about the wisdom of the government or create discontent will be kept from the people. The basis of unfavorable comparisons with elsewhere, the knowledge of possible alternatives to the course actually taken, information which might suggest failure on the part of the government to live up to its promises or to take advantage of opportunities to improve conditions — all will be suppressed. There is consequently no field where the systematic control of information will not be practiced and uniformity of views not enforced.

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Law in its ideal form might be described as a ‘once-and-for-all’ command that is directed to unknown people and that is abstracted from all particular circumstances of time and place and refers only to such conditions as may occur anywhere and at any time.

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