No human mind can comprehend all the knowledge which guides the actions of society. — Friedrich August von Hayek Copy Share Image
Human reason can neither predict nor deliberately shape its own future. Its advances consist in finding out where it has been wrong. — Friedrich August von Hayek Copy Share Image
The idea that human kind can shape the world according to wish is what I call the fatal conceit — Friedrich August von Hayek Copy Share Image
I am convinced that if the market system were the result of deliberate human design, and if the people guided by the… — 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
Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any… — Friedrich August von Hayek Copy Share Image
The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ,… — Friedrich August von Hayek Copy Share Image
The ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but by the… — Friedrich August von Hayek Copy Share Image
It seems to be almost a law of human nature that it is easier for people to agree on a negative program… — Friedrich August von Hayek Copy Share Image
The advantage of a free market is that it allows millions of decision-makers to respond individually to freely determined prices, allocating resources… — Friedrich August von Hayek Copy Share Image
Humiliating to human pride as it may be, we must recognize that the advance and even the preservation of civilization are dependent… — 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
Ever since the beginning of modern science, the best minds have recognized that "the range of acknowledged ignorance will grow with the… — Friedrich August von Hayek Copy Share Image
Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy… — Friedrich August von Hayek Copy Share Image
Human envy is certainly not one of the sources of discontent that a free society can eliminate. It is probably one of the essential conditions for the preservation of such a society that we do not countenance envy, not sanction its demands by camouflaging it as social justice, but treat it, in the words of John Stuart Mill, as 'the… — Friedrich August von Hayek Copy Share
Every change in conditions will make necessary some change in the use of resources, in the direction and kind of human activities, in habits and practices. And each change in the actions of those affected in the first instance will require further adjustments that will gradually extend through the whole of society. Every change thus in a sense creates a… — Friedrich August von Hayek Copy Share
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 one's own conviction against a majority, and the willingness to voluntary cooperation with one's neighbors--are essentially those on which the of an individualist society rests. Collectivism has nothing to put in their place, and in so… — Friedrich August von Hayek Copy Share
Unlike the rationalism of the French Revolution, true liberalism has no quarrel with religion, and I can only deplore the militant and essentially illiberal antireligionism which animated so much of nineteenth-century Continental liberalism. ... What distinguishes the liberal from the conservative here is that, however profound his own spiritual beliefs, he will never regard himself as entitled to impose them… — Friedrich August von Hayek Copy Share
We must make the building of a free society once more an intellectual adventure, a deed of courage… Unless we can make the philosophic foundations of a free society once more a living intellectual issue, and its implementation a task which challenges the ingenuity and imagination of our liveliest minds, the prospects of freedom are indeed dark. But if we… — Friedrich August von Hayek Copy Share
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)
