Quote 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.
Summary
This quote highlights the notion that some socialists, particularly in academic economics, maintain their beliefs by asserting that the differences between capitalist and socialist perspectives are primarily moral issues. By framing the debate in this way, they can sidestep the need for scientific evidence or economic analysis to support their arguments. This perspective suggests that these socialists rely on moral justifications rather than empirical facts to defend their position, possibly to maintain the ideological integrity of socialism in the face of opposing economic theories.