To create conditions in which competition will be as effective as possible, to prevent fraud and deception, to break up monopolies- these… — Friedrich August von Hayek Copy Share Image
There may be few instances in which the superstition that only measurable magnitudes can be important has done positive harm in the… — Friedrich August von Hayek Copy Share Image
It would clearly not be an improvement to build all houses exactly alike in order to create a perfect market for houses,… — Friedrich August von Hayek Copy Share Image
In no other field has the world yet paid so dearly for the abandonment of nineteenth-century liberalism as in the field where… — Friedrich August von Hayek Copy Share Image
The social sciences, like much of biology but unlike most fields of the physical sciences, have to deal with structures of essential… — 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
It is, indeed, part of the liberal attitude to assume that, especially in the economic field, the self-regulating forces of the market… — 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
Everything which might cause doubt about the wisdom of the government or create discontent will be kept from the people. The basis… — 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
![“[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.” quote by Friedrich August von Hayek](https://sms4smile.com/quotes/img-quotes/e34/friedrich-august-von-hayek-141_building_socialistic-economic-planning-regulation_162331.jpg)
