Body Quote by Friedrich August von Hayek
“If the resources of different nations are treated as exclusive properties of these nations as wholes, if international economic relations, instead of being relations between individuals, become increasingly relations between whole nations organized as trading bodies, they inevitably become the source of friction and envy between whole nations.”
About This Quote
Source Essay: The Use of Knowledge in Society, 1945
Treating nations as single economic units creates competition and resentment, hindering cooperation among individuals.
In simple terms: National economic blocks breed friction.
Key Takeaway
Promote individual-level trade to reduce conflict.
Themes
economics
politics
international relations
Mood
analytical
critical
Type
political
economic
When to use this quote
- global supply chains
- foreign investment
- policy negotiations
Key Concepts
nationalism
trade policy
Questions to Reflect On
- Can cooperation replace competition?
- What safeguards reduce national envy?
A Different Perspective
globalization;null
![“[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.” quote by Friedrich August von Hayek](https://sms4smile.com/quotes/img-quotes/e34/friedrich-august-von-hayek-141_building_socialistic-economic-planning-regulation_162331.jpg)
![“I've used the Phoenix Centrifuge to replicate what the body's going to go through on the flight up. I've also done some gravity tests with ZERO-G [a charter-flight service in Arlington, Va., that uses modified Boeing 727s to simulate weightlessness], which went great.” quote by Richard Branson](https://sms4smile.com/quotes/img-quotes/aa1/richard-branson-256_adventure_i-ve-used-the-phoenix-centrifuge-to-repl_903.jpg)
