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On May 8, 1899, Austrian-English economist and philosopher Friedrich August von Hayek was born. He signed the bulk of his books written in the English language as “F.A. Hayek,” and is best known for The Road to Serfdom, The Constitution of Liberty, The Fatal Conceit, and many essays, several of them widely cited, including “Individualism, True and False” and “The Use of Knowledge in Society.”

Years earlier, on the same date in 1873, English philosopher and economist John Stuart Mill died. Now best known for On Liberty (1859) and Utilitarianism (1861), he was and is considered one of the most important economists and philosophers of the Victorian age, with other classics including A System of Logic (1843) and Principles of Political Economy (1848). Mill’s letters to his wife were edited into book form by Hayek.

On May 8, 1946, two Estonian school girls (Aili Jõgi and Ageeda Paavel) blew up the Soviet memorial which stood in front of the Bronze Soldier in Tallinn.

Honour is a great check upon mankind: But where a considerable body of men act together, this check is, in a great measure, removed; since a man is sure to be approved of by his own party, for what promotes the common interest; and he soon learns to despise the clamours of adversaries.

David Hume, “Of The Independency of Parliament,” in Essays, Moral, Political, and Literary (1741-2; 1748).