I should perhaps immediately qualify what I have just written by adding that there are other strands within what might be called rationalism which treat these matters differently, as for example that which views rules of moral conduct as themselves part of reason. Thus John Locke had explained that 'by reason, however, I do not think is meant here the faculty of understanding which forms trains of thoughts and deduces proofs, but definite principles of action from which spring all virtues and whatever is necessary for the moulding of morals' (1954:11). Yet views such as Locke's remain much in the minority among those who call themselves rationalists.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "I should perhaps immediately qualify what I have just written by adding that there are other strands within what might be called rationalism which treat these matters differently, as for example that which views rules of moral conduct as themselves part of reason. Thus John Locke had explained that 'by reason, however, I do not think is meant here the faculty of understanding which forms trains of thoughts and deduces proofs, but definite principles of action from which spring all virtues and whatever is necessary for the moulding of morals' (1954:11). Yet views such as Locke's remain much in the minority among those who call themselves rationalists." in the context of "Friedrich Hayek, The Fatal Conceit (1988), Ch. 4: The Revolt of Instinct and Reason" to mean that wisdom is timeless.
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About John Locke