The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring… — Friedrich August von Hayek Copy Share Image
The state itself becomes more and more identified with the interests of those who run things than with the interests of the… — 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
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
It is of the essence of the demand for equality before the law that people should be treated alike in spite of… — Friedrich August von Hayek Copy Share Image
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to… — Friedrich August von Hayek Copy Share Image
Everything which might cause doubt about the wisdom of the government or create discontent will be kept from the people. The basis… — Friedrich August von Hayek Copy Share Image
I was quite depressed two weeks ago when I spent an afternoon at Brentano's Bookshop in New York and was looking at… — 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
Wherever liberty as we understand it has been destroyed, this has almost always been done in the name of some new freedom… — 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
We can either have a free Parliament or a free people. Personal freedom requires that all authority is restrained by long-run principles… — Friedrich August von Hayek Copy Share Image
The [classical] liberal, of course, does not deny that there are some superior people -- he is not an egalitarian -- but… — Friedrich August von Hayek Copy Share Image
It is, indeed, part of the liberal attitude to assume that, especially in the economic field, the self-regulating forces of the market… — Friedrich August von Hayek Copy Share Image
A general flat minimum-wage law for all industry is permissible, but I do not think that it is a particularly wise method… — Friedrich August von Hayek Copy Share Image
It seems to be almost a law of human nature that it is easier for people to agree on a negative program… — 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
I was quite depressed two weeks ago when I spent an afternoon at Brentano's Bookshop in New York and was looking at… — Friedrich August von Hayek Copy Share Image
The Germans would appear as the disturbers of peace, as they already do to some people, merely because they were the first… — 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
If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will… — Friedrich August von Hayek Copy Share Image
The younger generation of today has grown up in a world in which in school and press the spirit of commercial enterprise… — Friedrich August von Hayek Copy Share Image
I am convinced that if the market system were the result of deliberate human design, and if the people guided by the… — Friedrich August von Hayek Copy Share Image
Nowhere has democracy ever worked well without a great measure of local self-government, providing a school of political training for the people… — Friedrich August von Hayek Copy Share Image
The idea of social justice is that the state should treat different people unequally in order to make them equal — 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
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![“[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)
