Wish I'd said that - September 13, 2018

“The study of history brings to youth the experience that is lacking to it; it can help the adolescent to overcome his most usual temptation: to be exclusive, to condemn in advance some particular tendency, person, or group; to have a vision of the universe limited only to his own vision (and if only this were a matter merely of adolescents!). At the age when it is important to confront the values received – those of his surroundings, childhood, family, or social milieu – with his own personality, the study of history would enlarge the field of this investigation… By familiarizing oneself with other times, other eras, other civilizations, one acquires the habit of distrusting criteria of one’s own time…”

Régine Pernoud, Those Terrible Middle AgesPernoud TMA p. 170.

Wish I'd said that - September 12, 2018

“What is the problem we wish to solve when we try to construct a rational economic order? On certain familiar assumptions the answer is simple enough. If we possess all the relevant information, if we can start out from a given system of preferences, and if we command complete knowledge of available means, then problem which remains is purely one of logic.... This, however, is emphatically not the economic problem which society faces.”

Friedrich Hayek, “The Use of Knowledge in Society,” American Economic Review, 35 (January 1945)