Quotation by

Friedrich August von Hayek

It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.

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Understanding this quote AI Analysis

Hayek is saying that socialists maintain their place in academic economics by pretending that the debate is only about moral values, not facts that science can test. He implies that this tactic avoids scientific scrutiny by framing disagreements as purely ethical issues rather than empirical ones.

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