"The assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he is unable to provide for himself, appears not only to be a wholly legitimate protection against a risk common to all, but a necessary part of the Great Society in which the individual no longer has specific claims on the members of the particular small group into which he was born."
React to this quote
More by Friedrich Hayek
See allResonant Thoughts
"My dear John Russell, Till lately I had strong confidence in the fair intentions of Napoleon towards England, but of late I have begun to feel great distrust and to suspect that his formerly declared …"
Explore Further
Related Quotes
"We don’t truly appreciate what we have until it’s gone… We don’t really appreciate something until we have …"
— Roy T. Bennett"There’s not that many surprises that you get in life, so it kind of doesn’t work if you’re an actor who rea…"
— Rockmond Dunbar"Conspiracy theories abound in many tragedies and injustices, but the greatest conspiracy of all is how huma…"
— Newton Lee"The organic molecules found in the gas phase in the atmosphere of Titan by Voyager 1 and 2 spacecraft inclu…"
— Carl Sagan"This ceremony of initiation marks a point of attainment. It does not bring about Initiation... It rests upo…"
— Alice Bailey"To me, life is tough enough without having someone kick you from the inside."
— Rita Rudner