"Though nobody will regret that education has ceased to be
a privilege of the propertied classes, the fact that the propertied classes are no longer the best educated and the fact that the large number of people who owe their position solely to the their general education do not possess that experience of the working of the economic system which the administration of property gives, are important for understanding the role of the intellectual."

[See: Intellectuals and Socialism By F.A. Hayek]

https://mises.org/library/intellectuals-and-socialism-0

#Hayekian #Hayek #Intellectual #FAHayek
"Though nobody will regret that education has ceased to be a privilege of the propertied classes, the fact that the propertied classes are no longer the best educated and the fact that the large number of people who owe their position solely to the their general education do not possess that experience of the working of the economic system which the administration of property gives, are important for understanding the role of the intellectual." [See: Intellectuals and Socialism By F.A. Hayek] https://mises.org/library/intellectuals-and-socialism-0 #Hayekian #Hayek #Intellectual #FAHayek
MISES.ORG
Intellectuals and Socialism | Friedrich A. Hayek
[From the University of Chicago Law Review (Spring 1949).] I In all democratic countries, in the United States even more than elsewhere, a strong belief prevails that the influence of the intellectuals on politics is negligible.
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