The Nobel Prize confers on an individual an authority which in economics no man ought to possess. — Friedrich August von Hayek Copy Share Image
Any man who is only an economist is unlikely to be a good one. — Friedrich August von Hayek Copy Share Image
Liberty'''.that condition of man in which coercion of some by others is reduced as much as possible in society — 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
Never will man penetrate deeper into error than when he is continuing on a road which has led him to great success — Friedrich August von Hayek Copy Share Image
The greatest danger to liberty today comes from the men who are most needed and most powerful in modern government, namely, the… — Friedrich August von Hayek Copy Share Image
“The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.” — 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
This is the constitutional limitation of man's knowledge and interests, the fact that he cannot know more than a tiny part of… — Friedrich August von Hayek Copy Share Image
I have come to feel strongly that the greatest service I can still render to my fellow men would be that I… — 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
Even when men approve of the same arrangements, it must be asked whether they approve of them because they exist or because… — Friedrich August von Hayek Copy Share Image
The freedom that will be used by only one man in a million may be more important to society and more beneficial… — 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
Whatever men live for, today most live only because of the market order. — Friedrich August von Hayek Copy Share Image
Justice, like liberty and coercion, is a concept which, for the sake of clarity, ought to be confined to the deliberate treatment… — Friedrich August von Hayek Copy Share Image
To discover the meaning of what is called "social justice" has been one of my chief preoccupations for more than 10 years.… — Friedrich August von Hayek Copy Share Image
There can be little doubt that man owes some of his greatest successes in the past to the fact that he has… — Friedrich August von Hayek Copy Share Image
Least of all shall we preserve democracy or foster its growth if all the power and most of the important decisions rest… — 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
It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a… — Friedrich August von Hayek Copy Share Image
To rest the case for equal treatment of national or racial minorities on the assumption that they do not differ from other… — Friedrich August von Hayek Copy Share Image
Money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an… — Friedrich August von Hayek Copy Share Image
It used to be the boast of free men that, so long as they kept within the bounds of the known law,… — Friedrich August von Hayek Copy Share Image
The importance of our being free to do a particular thing has nothing to do with the question of whether we or… — 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