a mais importante transformação que um controle governamental amplo produz é de ordem psicológica, é uma alteração no caráter do povo. - F.A. Hayek

The dispute about socialism has thus become largely a dispute about means and not about ends — although the question whether the different ends of socialism can be simultaneously achieved is also involved.

The public at large have learned to understand, and I am afraid a whole generation of economists have been teaching, that government has the power in the short run by increasing the quantity of money rapidly to relieve all kinds of economic evils, especially to reduce unemployment. Unfortunately this is true so far as the short run is concerned. The fact is, that such expansions of the quantity of money which seems to have a short run beneficial effect, become in the long run the cause of a much greater unemployment. But what politician can possibly care about long run effects if in the short run he buys support?

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.