Should our moral beliefs really prove to be dependent on factual assumptions shown to be incorrect, it would be hardly moral to… — Friedrich August von Hayek Copy Share Image
It is of the essence of the demand for equality before the law that people should be treated alike in spite of… — Friedrich August von Hayek Copy Share Image
The successful politician owes his power to the fact that he moves within the accepted framework of thought, that he thinks and… — Friedrich August von Hayek Copy Share Image
Socialist thought owes its appeal to the young largely to its visionary character; the very courage to indulge in Utopian thought is… — Friedrich August von Hayek Copy Share Image
It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes… — Friedrich August von Hayek Copy Share Image
The Socratic maxim that the recognition of our ignorance is the beginning of wisdom has profound significance for our understanding of society.… — Friedrich August von Hayek Copy Share Image
This is the constitutional limitation of man's knowledge and interests, the fact that he cannot know more than a tiny part of… — Friedrich August von Hayek Copy Share Image
Each member of society can have only a small fraction of the knowledge possessed by all, and...each is therefore ignorant of most… — Friedrich August von Hayek Copy Share Image
Even when men approve of the same arrangements, it must be asked whether they approve of them because they exist or because… — Friedrich August von Hayek Copy Share Image
If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most… — Friedrich August von Hayek Copy Share Image
Is there a greater tragedy imaginable than that, in our endeavour consciously to shape our future in accordance with high ideals, we… — Friedrich August von Hayek Copy Share Image
There can be little doubt that man owes some of his greatest successes in the past to the fact that he has… — Friedrich August von Hayek Copy Share Image
Our freedom of choice in a competitive society rests on the fact that, if one person refuses to satisfy our wishes, we… — Friedrich August von Hayek Copy Share Image
The chief point we must remember is that the great and rapid advance of the physical sciences took place in fields where… — Friedrich August von Hayek Copy Share Image
I can have little patience with those who oppose ... the theory of evolution or what are called "mechanistic" explanations of the… — Friedrich August von Hayek Copy Share Image
To rest the case for equal treatment of national or racial minorities on the assumption that they do not differ from other… — Friedrich August von Hayek Copy Share Image
We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and… — Friedrich August von Hayek Copy Share Image
Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a… — Friedrich August von Hayek Copy Share Image
From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in… — Friedrich August von Hayek Copy Share Image
The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those… — Friedrich August von Hayek Copy Share Image
By the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point… — Friedrich August von Hayek Copy Share Image
Freedom can be preserved only if it is treated as a supreme principle which must not be sacrificed for particular advantages. — Friedrich August von Hayek Copy Share Image
Should our moral beliefs really prove to be dependent on factual assumptions shown to be incorrect, it would be hardly moral to defend them… — Friedrich August von Hayek Copy Share Image
It is true that the virtues which are less esteemed and practiced now--independence, self-reliance, and the willingness to bear risks, the readiness to back… — Friedrich August von Hayek Copy Share Image
Unlike the rationalism of the French Revolution, true liberalism has no quarrel with religion, and I can only deplore the militant and essentially illiberal… — Friedrich August von Hayek Copy Share Image
We must make the building of a free society once more an intellectual adventure, a deed of courage.... Unless we can make the philosophic… — Friedrich August von Hayek Copy Share Image
The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the… — Friedrich August von Hayek Copy Share Image
The discussions of every age are filled with the issues on which its leading schools of thought differ. But the general intellectual atmosphere of… — Friedrich August von Hayek Copy Share Image
The Nobel Prize confers on an individual an authority which in economics no man ought to possess. — Friedrich August von Hayek Copy Share Image
[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most… — Friedrich August von Hayek Copy Share Image
It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends… — Friedrich August von Hayek Copy Share Image