--- title: "18 Mean Quotes By Friedrich August von Hayek" description: "18 Mean quotes by Friedrich August von Hayek. Plus more from Friedrich August von Hayek and more Mean sayings from other authors." image: "https://sms4smile.com/quotes/i/eb2/friedrich-august-von-hayek-141_controlled_to-be-controlled-in-our-economic-pursuit_2821349.jpg" --- > [To be controlled in our economic pursuits means to be controlled in everything.](https://sms4smile.com/quotes/friedrich-august-von-hayek/to-be-controlled-in-our-economic-pursuits-means-to-be-controlled-in/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/eb2/friedrich-august-von-hayek-141_controlled_to-be-controlled-in-our-economic-pursuit_2821349.jpg) > [Freedom necessarily means that many things will be done which we do not like.](https://sms4smile.com/quotes/friedrich-august-von-hayek/freedom-necessarily-means-that-many-things-will-be-done-which-we-do/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/913/friedrich-august-von-hayek-141_done_freedom-necessarily-means-that-many-thin_1853505.jpg) > [To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought…](https://sms4smile.com/quotes/friedrich-august-von-hayek/to-combat-the-depression-by-a-forced-credit-expansion-is-to-attempt/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/24a/friedrich-august-von-hayek-141_combat_to-combat-the-depression-by-a-forced-cre_3137072.jpg) > [Competition means decentralized planning by many separate persons.](https://sms4smile.com/quotes/friedrich-august-von-hayek/competition-means-decentralized-planning-by-many-separate-persons/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/7da/friedrich-august-von-hayek-141_competition_competition-means-decentralized-planning_2707250.jpg) > [If democracy is a means rather than an end, its limits must be determined in the light of the purpose we want…](https://sms4smile.com/quotes/friedrich-august-von-hayek/if-democracy-is-a-means-rather-than-an-end-its-limits-must-be/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/a33/friedrich-august-von-hayek-141_democracy_if-democracy-is-a-means-rather-than-an-e_484314.jpg) > [In any society freedom of thought will probably be of direct significance for a small minority. But this does not mean that…](https://sms4smile.com/quotes/friedrich-august-von-hayek/in-any-society-freedom-of-thought-will-probably-be-of-direct/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/611/friedrich-august-von-hayek-141_competent_in-any-society-freedom-of-thought-will-p_831218.jpg) > [The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-principle-that-the-end-justifies-the-means-is-in-individualist/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/0d0/friedrich-august-von-hayek-141_character_the-principle-that-the-end-justifies-the_1983407.jpg) > [Once you admit that the individual is merely a means to serve the ends of the higher entity called society or the…](https://sms4smile.com/quotes/friedrich-august-von-hayek/once-you-admit-that-the-individual-is-merely-a-means-to-serve-the/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/94d/friedrich-august-von-hayek-141_capitalism_once-you-admit-that-the-individual-is-me_2977030.jpg) > [Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for the obvious…](https://sms4smile.com/quotes/friedrich-august-von-hayek/socialism-has-never-and-nowhere-been-at-first-a-working-class/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/62c/friedrich-august-von-hayek-141_capitalism_socialism-has-never-and-nowhere-been-at_328689.jpg) > [Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must…](https://sms4smile.com/quotes/friedrich-august-von-hayek/liberty-not-only-means-that-the-individual-has-both-the-opportunity/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/a95/friedrich-august-von-hayek-141_action_liberty-not-only-means-that-the-individu_1181229.jpg) > [It is because freedom means the renunciation of direct control of individual efforts that a free society can make use of so…](https://sms4smile.com/quotes/friedrich-august-von-hayek/it-is-because-freedom-means-the-renunciation-of-direct-control-of/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/799/friedrich-august-von-hayek-141_direct_it-is-because-freedom-means-the-renuncia_1571412.jpg) > [I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current in Britain. In current American…](https://sms4smile.com/quotes/friedrich-august-von-hayek/i-use-throughout-the-term-liberal-in-the-original-nineteenth-century/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/8ab/friedrich-august-von-hayek-141_advocacy_i-use-throughout-the-term-liberal-in-the_1411736.jpg) > [The mischievous idea that all public needs should be satisfied by compulsory organization and that all the means that individuals are willing…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-mischievous-idea-that-all-public-needs-should-be-satisfied-by/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/16c/friedrich-august-von-hayek-141_aliens_the-mischievous-idea-that-all-public-nee_957424.jpg) > [It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the…](https://sms4smile.com/quotes/friedrich-august-von-hayek/it-is-also-true-that-the-less-possible-it-becomes-for-a-man-to/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/a68/friedrich-august-von-hayek-141_acquire_it-is-also-true-that-the-less-possible-i_1363306.jpg) > [What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for…](https://sms4smile.com/quotes/friedrich-august-von-hayek/what-our-generation-has-forgotten-is-that-the-system-of-private/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/854/friedrich-august-von-hayek-141_acting_what-our-generation-has-forgotten-is-tha_860629.jpg) > [To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it…](https://sms4smile.com/quotes/friedrich-august-von-hayek/to-combat-depression-by-a-forced-credit-expansion-is-to-attempt-to/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/956/friedrich-august-von-hayek-141_banking_to-combat-depression-by-a-forced-credit_3103746.jpg) > [Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy…](https://sms4smile.com/quotes/friedrich-august-von-hayek/capitalism-is-not-only-a-better-form-of-organizing-human-activity/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/898/friedrich-august-von-hayek-141_activity_capitalism-is-not-only-a-better-form-of_2399771.jpg) > [ Our hopes of avoiding the fate which threatens must...\[be to make\]adjustments that will be needed if we are to recover and surpass… ](https://sms4smile.com/quotes/friedrich-august-von-hayek/our-hopes-of-avoiding-the-fate-which-threatens-must-be-to-make/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/2e7/friedrich-august-von-hayek-141_able_our-hopes-of-avoiding-the-fate-which-thr_2139658.jpg) ## Other authors on Mean ## More by Friedrich August von Hayek > [The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-system-of-private-property-is-the-most-important-guaranty-of/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [By the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point…](https://sms4smile.com/quotes/friedrich-august-von-hayek/by-the-time-any-view-becomes-a-majority-view-it-is-no-longer-the-best/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [Freedom can be preserved only if it is treated as a supreme principle which must not be sacrificed for particular advantages.](https://sms4smile.com/quotes/friedrich-august-von-hayek/freedom-can-be-preserved-only-if-it-is-treated-as-a-supreme-principle/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [Should our moral beliefs really prove to be dependent on factual assumptions shown to be incorrect, it would be hardly moral to defend them…](https://sms4smile.com/quotes/friedrich-august-von-hayek/should-our-moral-beliefs-really-prove-to-be-dependent-on-factual/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [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…](https://sms4smile.com/quotes/friedrich-august-von-hayek/it-is-true-that-the-virtues-which-are-less-esteemed-and-practiced-now/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [Unlike the rationalism of the French Revolution, true liberalism has no quarrel with religion, and I can only deplore the militant and essentially illiberal…](https://sms4smile.com/quotes/friedrich-august-von-hayek/unlike-the-rationalism-of-the-french-revolution-true-liberalism-has/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [We must make the building of a free society once more an intellectual adventure, a deed of courage… Unless we can make the philosophic…](https://sms4smile.com/quotes/friedrich-august-von-hayek/we-must-make-the-building-of-a-free-society-once-more-an-intellectual/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-central-problem-of-management-is-how-spontaneous-interaction-of/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [The discussions of every age are filled with the issues on which its leading schools of thought differ. But the general intellectual atmosphere of…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-discussions-of-every-age-are-filled-with-the-issues-on-which-its/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [The Nobel Prize confers on an individual an authority which in economics no man ought to possess.](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-nobel-prize-confers-on-an-individual-an-authority-which-in/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [ \[Socialistic\] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most… ](https://sms4smile.com/quotes/friedrich-august-von-hayek/socialistic-economic-planning-regulation-and-intervention-pave-the/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends…](https://sms4smile.com/quotes/friedrich-august-von-hayek/it-is-rather-a-problem-of-how-to-secure-the-best-use-of-resources/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [The state itself becomes more and more identified with the interests of those who run things than with the interests of the people in…](https://sms4smile.com/quotes/friedrich-august-von-hayek/the-state-itself-becomes-more-and-more-identified-with-the-interests/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.](https://sms4smile.com/quotes/friedrich-august-von-hayek/we-must-face-the-fact-that-the-preservation-of-individual-freedom-is/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) > [Human envy is certainly not one of the sources of discontent that a free society can eliminate. It is probably one of the essential…](https://sms4smile.com/quotes/friedrich-august-von-hayek/human-envy-is-certainly-not-one-of-the-sources-of-discontent-that-a/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/mean/friedrich-august-von-hayek/#itemlist", "name": "18 Mean Quotes By Friedrich August von Hayek", "numberOfItems": 18, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "To be controlled in our economic pursuits means to be controlled in everything.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/to-be-controlled-in-our-economic-pursuits-means-to-be-controlled-in/", "image": { "@type": "ImageObject", "@id": 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But this does not mean that anyone is competent, or ought to have power, to select those to whom this freedom is to be reserved.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/in-any-society-freedom-of-thought-will-probably-be-of-direct/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/611/friedrich-august-von-hayek-141_competent_in-any-society-freedom-of-thought-will-p_831218.jpg", "contentUrl": "https://sms4smile.com/quotes/i/611/friedrich-august-von-hayek-141_competent_in-any-society-freedom-of-thought-will-p_831218.jpg", "url": "https://sms4smile.com/quotes/i/611/friedrich-august-von-hayek-141_competent_in-any-society-freedom-of-thought-will-p_831218.jpg", "width": 1080, "height": 1080, "caption": "“In any society freedom of thought will probably be of direct significance for a small minority. 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In collectivist ethics it becomes necessarily the supreme rule.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/the-principle-that-the-end-justifies-the-means-is-in-individualist/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/0d0/friedrich-august-von-hayek-141_character_the-principle-that-the-end-justifies-the_1983407.jpg", "contentUrl": "https://sms4smile.com/quotes/i/0d0/friedrich-august-von-hayek-141_character_the-principle-that-the-end-justifies-the_1983407.jpg", "url": "https://sms4smile.com/quotes/i/0d0/friedrich-august-von-hayek-141_character_the-principle-that-the-end-justifies-the_1983407.jpg", "width": 1080, "height": 1080, "caption": "“The principle that the end justifies the means is in individualist ethics regarded as the denial of all…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "Once you admit that the individual is merely a means to serve the ends of the higher entity called society or the nation, most of those features of totalitarianism which horrify us follow of necessity", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/once-you-admit-that-the-individual-is-merely-a-means-to-serve-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/94d/friedrich-august-von-hayek-141_capitalism_once-you-admit-that-the-individual-is-me_2977030.jpg", "contentUrl": "https://sms4smile.com/quotes/i/94d/friedrich-august-von-hayek-141_capitalism_once-you-admit-that-the-individual-is-me_2977030.jpg", "url": "https://sms4smile.com/quotes/i/94d/friedrich-august-von-hayek-141_capitalism_once-you-admit-that-the-individual-is-me_2977030.jpg", "width": 1080, "height": 1080, "caption": "“Once you admit that the individual is merely a means to serve the ends of the higher entity called society…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for the obvious evil which the interests of that class will necessarily demand. It is a construction of theorists.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/socialism-has-never-and-nowhere-been-at-first-a-working-class/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/62c/friedrich-august-von-hayek-141_capitalism_socialism-has-never-and-nowhere-been-at_328689.jpg", "contentUrl": "https://sms4smile.com/quotes/i/62c/friedrich-august-von-hayek-141_capitalism_socialism-has-never-and-nowhere-been-at_328689.jpg", "url": "https://sms4smile.com/quotes/i/62c/friedrich-august-von-hayek-141_capitalism_socialism-has-never-and-nowhere-been-at_328689.jpg", "width": 1080, "height": 1080, "caption": "“Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions… Liberty and responsibility are inseparable.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/liberty-not-only-means-that-the-individual-has-both-the-opportunity/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a95/friedrich-august-von-hayek-141_action_liberty-not-only-means-that-the-individu_1181229.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a95/friedrich-august-von-hayek-141_action_liberty-not-only-means-that-the-individu_1181229.jpg", "url": "https://sms4smile.com/quotes/i/a95/friedrich-august-von-hayek-141_action_liberty-not-only-means-that-the-individu_1181229.jpg", "width": 1080, "height": 1080, "caption": "“Liberty not only means that the individual has both the opportunity and the burden of choice; it also means…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "It is because freedom means the renunciation of direct control of individual efforts that a free society can make use of so much more knowledge than the mind of the wisest ruler could comprehend.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/it-is-because-freedom-means-the-renunciation-of-direct-control-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/799/friedrich-august-von-hayek-141_direct_it-is-because-freedom-means-the-renuncia_1571412.jpg", "contentUrl": "https://sms4smile.com/quotes/i/799/friedrich-august-von-hayek-141_direct_it-is-because-freedom-means-the-renuncia_1571412.jpg", "url": "https://sms4smile.com/quotes/i/799/friedrich-august-von-hayek-141_direct_it-is-because-freedom-means-the-renuncia_1571412.jpg", "width": 1080, "height": 1080, "caption": "“It is because freedom means the renunciation of direct control of individual efforts that a free society can…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current in Britain. In current American usage it often means very nearly the opposite of this. It has been part of the camouflage of leftish movements in this country, helped by muddleheadedness of many who really believe in liberty, that 'liberal' has come to mean the advocacy of almost every kind of government control.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/i-use-throughout-the-term-liberal-in-the-original-nineteenth-century/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8ab/friedrich-august-von-hayek-141_advocacy_i-use-throughout-the-term-liberal-in-the_1411736.jpg", "contentUrl": "https://sms4smile.com/quotes/i/8ab/friedrich-august-von-hayek-141_advocacy_i-use-throughout-the-term-liberal-in-the_1411736.jpg", "url": "https://sms4smile.com/quotes/i/8ab/friedrich-august-von-hayek-141_advocacy_i-use-throughout-the-term-liberal-in-the_1411736.jpg", "width": 1080, "height": 1080, "caption": "“I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "The mischievous idea that all public needs should be satisfied by compulsory organization and that all the means that individuals are willing to devote to pubic purposes should be under the control of government, is wholly alien to the basic principles of a free society.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/the-mischievous-idea-that-all-public-needs-should-be-satisfied-by/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/16c/friedrich-august-von-hayek-141_aliens_the-mischievous-idea-that-all-public-nee_957424.jpg", "contentUrl": "https://sms4smile.com/quotes/i/16c/friedrich-august-von-hayek-141_aliens_the-mischievous-idea-that-all-public-nee_957424.jpg", "url": "https://sms4smile.com/quotes/i/16c/friedrich-august-von-hayek-141_aliens_the-mischievous-idea-that-all-public-nee_957424.jpg", "width": 1080, "height": 1080, "caption": "“The mischievous idea that all public needs should be satisfied by compulsory organization and that all the…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the existing fortunes appear as privileges for which there is no justification. Policy is then certain to aim at taking these fortunes out of private hands, either by the slow process of heavy taxation of inheritance or by the quicker one of outright confiscation. A system based on private property and control of the means of production presupposes that such property and control can be acquired by any successful man.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/it-is-also-true-that-the-less-possible-it-becomes-for-a-man-to/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a68/friedrich-august-von-hayek-141_acquire_it-is-also-true-that-the-less-possible-i_1363306.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a68/friedrich-august-von-hayek-141_acquire_it-is-also-true-that-the-less-possible-i_1363306.jpg", "url": "https://sms4smile.com/quotes/i/a68/friedrich-august-von-hayek-141_acquire_it-is-also-true-that-the-less-possible-i_1363306.jpg", "width": 1080, "height": 1080, "caption": "“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", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 15, "item": { "@type": "Quotation", "text": "What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/what-our-generation-has-forgotten-is-that-the-system-of-private/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/854/friedrich-august-von-hayek-141_acting_what-our-generation-has-forgotten-is-tha_860629.jpg", "contentUrl": "https://sms4smile.com/quotes/i/854/friedrich-august-von-hayek-141_acting_what-our-generation-has-forgotten-is-tha_860629.jpg", "url": "https://sms4smile.com/quotes/i/854/friedrich-august-von-hayek-141_acting_what-our-generation-has-forgotten-is-tha_860629.jpg", "width": 1080, "height": 1080, "caption": "“What our generation has forgotten is that the system of private property is the most important guarantee of…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 16, "item": { "@type": "Quotation", "text": "To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection -- a procedure which can only lead to a much more severe crisis as soon as the credit expansion comes to an end.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/to-combat-depression-by-a-forced-credit-expansion-is-to-attempt-to/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/956/friedrich-august-von-hayek-141_banking_to-combat-depression-by-a-forced-credit_3103746.jpg", "contentUrl": "https://sms4smile.com/quotes/i/956/friedrich-august-von-hayek-141_banking_to-combat-depression-by-a-forced-credit_3103746.jpg", "url": "https://sms4smile.com/quotes/i/956/friedrich-august-von-hayek-141_banking_to-combat-depression-by-a-forced-credit_3103746.jpg", "width": 1080, "height": 1080, "caption": "“To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 17, "item": { "@type": "Quotation", "text": "Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/capitalism-is-not-only-a-better-form-of-organizing-human-activity/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/898/friedrich-august-von-hayek-141_activity_capitalism-is-not-only-a-better-form-of_2399771.jpg", "contentUrl": "https://sms4smile.com/quotes/i/898/friedrich-august-von-hayek-141_activity_capitalism-is-not-only-a-better-form-of_2399771.jpg", "url": "https://sms4smile.com/quotes/i/898/friedrich-august-von-hayek-141_activity_capitalism-is-not-only-a-better-form-of_2399771.jpg", "width": 1080, "height": 1080, "caption": "“Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 18, "item": { "@type": "Quotation", "text": "Our hopes of avoiding the fate which threatens must...[be to make]adjustments that will be needed if we are to recover and surpass our former standards...and only if every one of us is ready to individually obey the necessities of readjustment shall we be able to get through a difficult period as free men who can choose their own way of life. Let a uniform minimum be secured to everybody by all means; but let us admit at the same time that with this assurance of a basic minimum all claims for a privileged security for particular classes must lapse…", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/our-hopes-of-avoiding-the-fate-which-threatens-must-be-to-make/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2e7/friedrich-august-von-hayek-141_able_our-hopes-of-avoiding-the-fate-which-thr_2139658.jpg", "contentUrl": "https://sms4smile.com/quotes/i/2e7/friedrich-august-von-hayek-141_able_our-hopes-of-avoiding-the-fate-which-thr_2139658.jpg", "url": "https://sms4smile.com/quotes/i/2e7/friedrich-august-von-hayek-141_able_our-hopes-of-avoiding-the-fate-which-thr_2139658.jpg", "width": 1080, "height": 1080, "caption": "“Our hopes of avoiding the fate which threatens must...[be to make]adjustments that will be needed if we are…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/mean/friedrich-august-von-hayek/#webpage", "url": "https://sms4smile.com/quotes/about/mean/friedrich-august-von-hayek/", "name": "Mean Quotes by Friedrich August von Hayek", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/mean/friedrich-august-von-hayek/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/eb2/friedrich-august-von-hayek-141_controlled_to-be-controlled-in-our-economic-pursuit_2821349.jpg" }, "description": "18 Mean quotes by Friedrich August von Hayek. 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