"I do consider it the task of academic economists, however, to represent the claims of reason, no matter what their short-run effectiveness. Public opinion, which today may in truth hamper a reasonable policy, is not set in stone, and I am afraid that our predecessors, the previous generation of economists, bear some blame for the current state of affairs. If all hope is forlorn, one hope still remains: that we academic teachers, through our influence on the thinking of the next generation, will undo at least in part the great harm inflicted by some of our predecessors." -- F. A. Hayek, 1936
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