Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for the obvious… — 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
In any society freedom of thought will probably be of direct significance for a small minority. But this does not mean that… — Friedrich August von Hayek Copy Share Image
What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for… — Friedrich August von Hayek Copy Share Image
The mischievous idea that all public needs should be satisfied by compulsory organization and that all the means that individuals are willing… — Friedrich August von Hayek Copy Share Image
Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must… — Friedrich August von Hayek Copy Share Image
It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the… — Friedrich August von Hayek Copy Share Image
I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current in Britain. In current American… — Friedrich August von Hayek Copy Share Image
It is because freedom means the renunciation of direct control of individual efforts that a free society can make use of so… — Friedrich August von Hayek Copy Share Image
Freedom necessarily means that many things will be done which we do not like. — Friedrich August von Hayek Copy Share Image
The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics… — Friedrich August von Hayek Copy Share Image
Our hopes of avoiding the fate which threatens must...[be to make]adjustments that will be needed if we are to recover and surpass… — 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
Competition means decentralized planning by many separate persons. — Friedrich August von Hayek Copy Share Image
To be controlled in our economic pursuits means to be controlled in everything. — 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
To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it… — Friedrich August von Hayek Copy Share Image
To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought… — 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…” 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)
