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The Constitution of Liberty by Friedrich von Hayek
Contributed by: Blake
  • 1. What is the primary focus of 'The Constitution of Liberty'?
A) The principles of individual freedom and the rule of law.
B) Monetary policy and inflation control.
C) Socialism and collective ownership.
D) Economic growth through government intervention.
  • 2. In which year was 'The Constitution of Liberty' published?
A) 1960
B) 1944
C) 1982
D) 1973
  • 3. What does Hayek mean by 'the rule of law'?
A) A legal framework that prioritizes state power over individual rights.
B) A system where laws are made for certain classes only.
C) Laws that can be changed at any time by the government.
D) Legal framework that applies equally to all individuals.
  • 4. According to Hayek, what is a potential danger of collectivism?
A) It ensures equality for all citizens.
B) It can lead to tyranny and loss of individual freedoms.
C) It enhances democratic processes.
D) It guarantees economic prosperity.
  • 5. How does Hayek view the relationship between liberal democracy and individual freedom?
A) Liberal democracy restricts individual freedom.
B) Democracy should focus solely on majority rule.
C) Individual freedom is irrelevant to democracy.
D) Liberal democracy supports and protects individual freedom.
  • 6. Which philosophical tradition does Hayek draw upon?
A) Marxism.
B) Postmodernism.
C) Classical liberalism.
D) Utilitarianism.
  • 7. What role does competition play in Hayek's theory?
A) It should be replaced by cooperation.
B) It is detrimental to social welfare.
C) It drives innovation and efficiency.
D) It creates inequality and should be controlled.
  • 8. What type of economic system does Hayek advocate for?
A) A centrally planned economy.
B) A free-market economy.
C) A mixed economy with heavy regulation.
D) A command economy.
  • 9. What distinction does Hayek make regarding knowledge in society?
A) Knowledge is dispersed and cannot be centralized.
B) All knowledge can be collected and utilized by the government.
C) Expert knowledge is superior to local knowledge.
D) Knowledge should be regulated by authorities.
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