The Nobel Prize confers on an individual an authority which in economics no man ought to possess.
This does not matter in the natural sciences. Here the influence exercised by an individual is chiefly an influence on his fellow experts; and they will soon cut him down to size if he exceeds his competence.
But the influence of the economist that mainly matters is an influence over laymen: politicians, journalists, civil servants and the public generally.
There is no reason why a man who has made a distinctive contribution to economic science should be omnicompetent on all problems of society — as the press tends to treat him till in the end he may himself be persuaded to believe.Friedrich Hayek
» Friedrich Hayek - all quotes »
Who the Author of this Production is, is wholly unnecessary to the Public, as the Object for Attention is the DOCTRINE ITSELF, not the MAN. Yet it may not be unnecessary to say, That he is unconnected with any Party, and under no sort of Influence public or private, but the influence of reason and principle.
Thomas Paine
It is the natural desire of each nation to use the other as an instrument of its own purposes and policies. By dint of our mutual dependence, your influence is amplified by our power. Our power is made more responsible and more effective by your influence.
Kingman Brewster
Sabbath were a influence to some degree, but I drew my... most of my influence is from another source: Flipper, Black Flag... Venom, stuff like that... Warhead by Venom that's more of an influence...
Osborne,Buzz
The Russians can be expected to carry out policies aimed at regaining their influence in Poland... I'm talking here about gas, oil, and so on. The Russians want this to be their zone of influence again, though of course on a different basis than in the past. They don't want full domination but rather an ability to exert substantial influence.
Lech Kaczynski
Changing behavior is less a matter of giving people analysis to influence their thoughts than helping them to see a truth to influence their feelings.
John Kotter
Hayek, Friedrich
Hayek, Salma
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