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
It is one of the most fatal illusions that, by substituting negotiations between states or organized groups for competition for markets or… — Friedrich August von Hayek Copy Share Image
Conservatives are inclined to use the powers of government to prevent change or to limit its rate to whatever appeals to the… — Friedrich August von Hayek Copy Share Image
Our faith in freedom does not rest on the foreseeable results in particular circumstances, but on the belief that it will, on… — Friedrich August von Hayek Copy Share Image
It may be that a free society... carries in itself the forces of its own destruction, that once freedom has been achieved… — Friedrich August von Hayek Copy Share Image
Whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made to prevail… — Friedrich August von Hayek Copy Share Image
It may indeed prove to be far the most difficult and not the least important task for human reason rationally to comprehend… — Friedrich August von Hayek Copy Share Image
If the human intellect is allowed to impose a preconceived pattern on society, if our powers of reasoning are allowed to lay… — Friedrich August von Hayek Copy Share Image
To undertake the direction of the economic life of people with widely divergent ideals and values is to assume responsibilities which commit… — 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)
