Should our moral beliefs really prove to be dependent on factual assumptions shown to be incorrect, it would be hardly moral to… — Friedrich August von Hayek Copy Share Image
Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more… — Friedrich August von Hayek Copy Share Image
We certainly do not regard it as right that the citizens of a large country should dominate those of a small adjoining… — Friedrich August von Hayek Copy Share Image
Whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made to prevail… — Friedrich August von Hayek Copy Share Image
It may indeed prove to be far the most difficult and not the least important task for human reason rationally to comprehend… — 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
[T]hose who are willing to surrender their freedom for security have always demanded that if they give up their full freedom it… — Friedrich August von Hayek Copy Share Image
In the United States, where it has become almost impossible to use "liberal" in the sense in which I have used it,… — 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
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 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
Is there a greater tragedy imaginable than that, in our endeavour consciously to shape our future in accordance with high ideals, we… — Friedrich August von Hayek Copy Share Image
We must not forget that … monetary policy all over the world has followed the advice of the stabilizers. It is high… — Friedrich August von Hayek Copy Share Image
I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised… — Friedrich August von Hayek Copy Share Image
I am still puzzled why those in the United States who truly believe in liberty should not only have allowed the left… — 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
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
Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a… — 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