Just read this in "The Trend of Economic Thinking" (it's the final paragraph) and it struck me as incredibly insightful as to the bind that those of us trained in economics, but with very strong desires to make the world a better place especially for the worst off among us, frequently find ourselves in even 75 years later when we engage in political discussions with those on the left and right. Hayek's optimism and confidence at the end is an attitude well worth adopting, as is his belief that our differences with the Left are mostly "intellectual."
“And so I come back to the point from which I started – the isolation of the contemporary economist and the refusal of modern progressivism to avail itself of the knowledge he can provide – a knowledge which is the product of the only persistent attempt systematically to explore the possibilities of change. The peculiar historical development which I have sketched has brought it about that the economist frequently finds himself in disagreement in regard to means with those whom he is agreement with regard to ends; and in agreement in regard to means with those whose views regarding ends are entirely antipathetic to him – men who have never felt the urge to reconstruct the world and who frequently support the forces of stability only for reasons of selfishness. In such a situation, it is perhaps inevitable that he should become the object of dislike and suspicion. But if he recognizes the circumstances from which they spring, he will be able to bear them with patience and understanding, confident that he possesses in his scientific knowledge a solvent for differences which are really intellectual, and that although, at present, his activities have little effect, yet in the course of time they will come to be recognized as serving more consistently than the activities of those he opposes, the ends which they share in common.”
- F. A. Hayek, “The Trend of Economic Thinking” 1933, reprinted in Collected Works Vol 3, p. 34.