Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian… — Friedrich August von Hayek Copy Share Image
Civilization enables us constantly to profit from knowledge which we individually do not possess and because each individual's use of his particular… — 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
A society that does not recognise that each individual has values of his own which he is entitled to follow can have… — Friedrich August von Hayek Copy Share Image
All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in… — 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
All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in… — Friedrich August von Hayek Copy Share Image
At a time when most movements that are thought to be progressive advocate further encroachments on individual liberty, those who cherish freedom… — Friedrich August von Hayek Copy Share Image
In abbreviated form, by a kind of symbol, only the most essential information is passed on and passed on only to those… — Friedrich August von Hayek Copy Share Image
Once you admit that the individual is merely a means to serve the ends of the higher entity called society or the… — Friedrich August von Hayek Copy Share Image
Many of the greatest things man has achieved are not the result of consciously directed thought, and still less the product of… — Friedrich August von Hayek Copy Share Image
There exists no third principle for the organisation of the economics process which can be rationally chosen to achieve any desirable ends,… — Friedrich August von Hayek Copy Share Image
Our submission to general principles is necessary because we cannot be guided in our practical action by full knowledge and evaluation of… — 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