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Friedrich August Von Hayek Quotes

The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there may be some limits to it is bound to arouse suspicion Picture Quote #1

We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and on which indeed we have only some very imprecise and general information Picture Quote #1

We shall not grow wiser before we learn that much that we have done was very foolish Picture Quote #1

Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information? Picture Quote #1

A society that does not recognise that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom Picture Quote #1

We shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may prevent its use for desirable purposes Picture Quote #1

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We shall all be the gainers if we can create a world fit for small states to live in Picture Quote #1

There is all the difference in the world between treating people equally and attempting to make them equal Picture Quote #1

What a free society offers to the individual is much more than what he would be able to do if only he were free Picture Quote #1

Justice, like liberty and coercion, is a concept which, for the sake of clarity, ought to be confined to the deliberate treatment of men by other men Picture Quote #1

It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil Picture Quote #1

Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions... Liberty and responsibility are inseparable Picture Quote #1

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Nobody with open eyes can any longer doubt that the danger to personal freedom comes chiefly from the left Picture Quote #1

The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those who do not Picture Quote #1

With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people Picture Quote #1

And who will deny that a world in which the wealthy are powerful is still a better world than one in which only the already powerful can acquire wealth? Picture Quote #1

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design Picture Quote #1

It is because every individual knows little and, in particular, because we rarely know which of us knows best best that we trust the independent and competitive efforts of many to induce the emergence of what we shall want when we see it Picture Quote #1

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We must make the building of a free society once more an intellectual adventure, a deed of courage Picture Quote #1

While an equality of rights under a limited government is possible and an essential condition of individual freedom, a claim for equality of material position can be met only by a government with totalitarian powers Picture Quote #1

I am certain, however, that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice Picture Quote #1

... the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend Picture Quote #1

The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics it becomes necessarily the supreme rule Picture Quote #1

The greatest danger to liberty today comes from the men who are most needed and most powerful in modern government, namely, the efficient expert administrators exclusively concerned with what they regard as the public good Picture Quote #1

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Competition is like experimentation in science, a discovery process, and it must rely on the self interest of producers, it must allow them to use their knowledge for their purposes, because nobody else possesses the information Picture Quote #1

One need not be a prophet to be aware of impending dangers. An accidental combination of experience and interest will often reveal events to one man under aspects which few yet see Picture Quote #1

It is possible for a dictator to govern in a liberal way. And it is also possible for a democracy to govern with a total lack of liberalism. Personally I prefer a liberal dictator to democratic government lacking liberalism Picture Quote #1

The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception Picture Quote #1

The idea of social justice is that the state should treat different people unequally in order to make them equal Picture Quote #1

Few are ready to recognize that the rise of fascism and naziism was not a reaction against the socialist trends of the preceding period but a necessary outcome of those tendencies Picture Quote #1

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The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there may be some limits to it is bound to arouse suspicion (Friedrich August Von Hayek Quotes) We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and on which indeed we have only some very imprecise and general information (Friedrich August Von Hayek Quotes) We shall not grow wiser before we learn that much that we have done was very foolish (Friedrich August Von Hayek Quotes) Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information? (Friedrich August Von Hayek Quotes) A society that does not recognise that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom (Friedrich August Von Hayek Quotes) We shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may prevent its use for desirable purposes (Friedrich August Von Hayek Quotes) We shall all be the gainers if we can create a world fit for small states to live in (Friedrich August Von Hayek Quotes) There is all the difference in the world between treating people equally and attempting to make them equal (Friedrich August Von Hayek Quotes) What a free society offers to the individual is much more than what he would be able to do if only he were free (Friedrich August Von Hayek Quotes) Justice, like liberty and coercion, is a concept which, for the sake of clarity, ought to be confined to the deliberate treatment of men by other men (Friedrich August Von Hayek Quotes) It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil (Friedrich August Von Hayek Quotes) Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions... Liberty and responsibility are inseparable (Friedrich August Von Hayek Quotes) Nobody with open eyes can any longer doubt that the danger to personal freedom comes chiefly from the left (Friedrich August Von Hayek Quotes) The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those who do not (Friedrich August Von Hayek Quotes) With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people (Friedrich August Von Hayek Quotes) And who will deny that a world in which the wealthy are powerful is still a better world than one in which only the already powerful can acquire wealth? (Friedrich August Von Hayek Quotes) The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design (Friedrich August Von Hayek Quotes) It is because every individual knows little and, in particular, because we rarely know which of us knows best best that we trust the independent and competitive efforts of many to induce the emergence of what we shall want when we see it (Friedrich August Von Hayek Quotes) We must make the building of a free society once more an intellectual adventure, a deed of courage (Friedrich August Von Hayek Quotes) While an equality of rights under a limited government is possible and an essential condition of individual freedom, a claim for equality of material position can be met only by a government with totalitarian powers (Friedrich August Von Hayek Quotes) I am certain, however, that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice (Friedrich August Von Hayek Quotes) ... the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend (Friedrich August Von Hayek Quotes) The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics it becomes necessarily the supreme rule (Friedrich August Von Hayek Quotes) The greatest danger to liberty today comes from the men who are most needed and most powerful in modern government, namely, the efficient expert administrators exclusively concerned with what they regard as the public good (Friedrich August Von Hayek Quotes) Competition is like experimentation in science, a discovery process, and it must rely on the self interest of producers, it must allow them to use their knowledge for their purposes, because nobody else possesses the information (Friedrich August Von Hayek Quotes) One need not be a prophet to be aware of impending dangers. An accidental combination of experience and interest will often reveal events to one man under aspects which few yet see (Friedrich August Von Hayek Quotes) It is possible for a dictator to govern in a liberal way. And it is also possible for a democracy to govern with a total lack of liberalism. Personally I prefer a liberal dictator to democratic government lacking liberalism (Friedrich August Von Hayek Quotes) The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception (Friedrich August Von Hayek Quotes) The idea of social justice is that the state should treat different people unequally in order to make them equal (Friedrich August Von Hayek Quotes) Few are ready to recognize that the rise of fascism and naziism was not a reaction against the socialist trends of the preceding period but a necessary outcome of those tendencies (Friedrich August Von Hayek Quotes)

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