“It would be money well spent if large sums could be made available for such a concerted effort.”

March 13, 2012 § Leave a comment

“I entirely agree with you that the time has come when it has become desirable and almost a duty to extend the network of institutes of the kind of the London Institute of Economic Affairs. Though it took some time for its influence to become noticeable, it has by now far exceeded my most optimistic hopes….

What I argued thirty years ago, that we can beat the Socialist trend only if we can persuade the intellectuals, the makers of opinion, seems to me more than amply confirmed. Whether we can still win the race against the expanding Socialist tide depends on whether we can spread the insights, which prove much more acceptable to the young if rightly expounded than I had hoped, fast and wide enough… The future of civilization may really depend on whether we can catch the ear of a large enough part of the upcoming generation of intellectuals all over the world fast enough. And I am more convinced than ever that the method practiced by the IEA is the only one which promises any real results….

This ought to be used to create similar institutes all over the world and you have now acquired the special skill of doing it. It would be money well spent if large sums could be made available for such a concerted effort.”

Hayek, 1980

http://thinktank-watch.blogspot.com/2007/12/sir-anthony-fisher.html

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