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
There is perhaps no single factor contributing so much to people's frequent reluctance to let the market work as their inability to… — Friedrich August von Hayek Copy Share Image
If democracy is a means rather than an end, its limits must be determined in the light of the purpose we want… — 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
By the age of fifteen, I had convinced myself that nobody could give a reasonable explanation of what he meant by the… — Friedrich August von Hayek Copy Share Image
[T]hose who are willing to surrender their freedom for security have always demanded that if they give up their full freedom it… — Friedrich August von Hayek Copy Share Image
Planning leads to dictatorship because dictatorship is the most effective instrument of coercion and the enforcement of ideals and, as such, essential… — Friedrich August von Hayek Copy Share Image
It is tempting to believe that social evils arise from the activities of evil men and that if only good men (like… — Friedrich August von Hayek Copy Share Image
The conservative feels safe and content only if he is assured that some higher wisdom watches and supervises change, only if he… — Friedrich August von Hayek Copy Share Image
We shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may… — Friedrich August von Hayek Copy Share Image
Conservatism, though a necessary element in any stable society, is not a social program; in its paternalistic, nationalistic and power adoring tendencies… — Friedrich August von Hayek Copy Share Image
If I am not mistaken, psychology, psychiatry and some branches of sociology, not to speak about the so-called philosophy of history, are… — Friedrich August von Hayek Copy Share Image
If the resources of different nations are treated as exclusive properties of these nations as wholes, if international economic relations, instead of… — Friedrich August von Hayek Copy Share Image
If socialists understood economics, they wouldn't be socialist. — Friedrich August von Hayek Copy Share Image
If we were to make no better use of victory than to countenance existing trends in this direction, only too visible before… — Friedrich August von Hayek Copy Share Image
The task of the political philosopher can only be to influence public opinion, not to organize people for action. He will do… — 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
If we can reduce the risk of friction likely to lead to war, this is probably all we can reasonably hope to… — Friedrich August von Hayek Copy Share Image
We shall all be the gainers if we can create a world fit for small states to live in. — Friedrich August von Hayek Copy Share Image
What a free society offers to the individual is much more than what he would be able to do if only he… — Friedrich August von Hayek Copy Share Image
If freedom is to flourish the philosophic foundations of a free society must be kept a living intellectual issue and its implementation… — Friedrich August von Hayek Copy Share Image
The effect of the people's agreeing that there must be central planning, without agreeing on the ends, will be rather as if… — 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
The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. The ideal… — Friedrich August von Hayek Copy Share Image
The confidence in the unlimited power of science is only too often based on a false belief that the scientific method consists… — 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