Behavior Quote by Friedrich August von Hayek
“Economic transactions between national bodies who are at the same time the supreme judges of their own behavior, who bow to no superior law, and whose representatives cannot be bound by any considerations but the immediate interest of their respective nations, must end in clashes of power.”
About This Quote
Source Essay: “The Use of Knowledge in Society”, 1945, economic theory
Sovereign nations acting solely on self‑interest inevitably clash, as no higher authority can restrain them
In simple terms: National self‑interest leads to power conflicts without external constraints
Recognize limits of unilateral power and seek cooperative frameworks
Themes
Mood
Type
When to use this quote
- diplomacy
- trade negotiations
- conflict resolution
Key Concepts
Questions to Reflect On
- What mechanisms can balance national interests?
- Can global institutions mitigate power clashes?
Overemphasis on self‑interest can ignore mutual benefits