“That combination, Hayek, Myrdal and Robinson, might have cast the contributions of each into sharper relief: three pioneers who, after important early contributions, gave up economics for political activism.”

“Hayek truly did get Popper his position at the London School of Economics. “I am personally anxious to get Dr. Popper to this School,” Hayek wrote Gombrich as early as 1943. Given the later prominence that Popper achieved for the school, this was one of Hayek’s most significant contributions to its reputation, as well as the decisive career move in Popper’s life.
Hayek also genuinely influenced Popper’s political philosophy. While Popper always remained to Hayek’s left, he started out much further to Hayek’s left than he wound up, and this movement was in no small part the result of Hayek’s influence. Popper was a charter member of the Mont Pelerin Society. He suggested, however, that socialists be brought into it. Hayek wrote Popper several deeply personal letters in connection with his divorce. It is likely that their personal relationship was more important to and valued by Hayek than Popper, though Popper valued highly Hayek’s friendship.”

“Perhaps the most important contribution to science that the Royal Society has made in its three centuries of existence is its early role in publishing Newton's masterful account of his discoveries.”

“Believe that you have somethikng important to contribute to the world, and that the world would be a lesser place without that contribution.”

“Some people are constructive, if you like. Others are destructive. It's this diversity in humankind that results in some making positive contributions and some negative contributions. It's necessary to have enough who make positive contributions to overcome the problems of each age.”

“Those readers troubled by the fact that millions of people will die this year, who could have been saved for a few dollars each, might want to consider making a contribution to Oxfam.”

“Roughly speaking, Lundberg argued that Gunnar Myrdal's work has been enormously important, and noted that there was local pressure on the Nobel Prize Committee to recognize him, but wondered how it would be received abroad if this was done. (Remember that the Prize was then rather new, and Lundberg had to be careful about its reputation.) Giersch's reply was that the quality of the work surely merited the award, but maybe the politics of it would be easier if there was a joint recipient who was neither Swedish nor shared Myrdal's views – what about Hayek? That's it – is this where Hayek's prize came from, or was he already high on the list, or what?”

“The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.”

“They blew up a library. They haven’t just offended me, they have attacked and insulted every single citizen of this place who used that library, who contributed to it, who even so much as might have used it someday in the future.”

“I have always believed that people have misjudged the accuracy of economic forecasting… During the 1980s and 1990s, I researched and applied methods of high frequency economic forecasting, to be used by themselves, and for objective establishment of initial conditions for longer range forecasts from structural dynamic models that carry forward the pioneering contributions of Jan Tinbergen.”