Time Quotes by Friedrich August von Hayek

15 Time quotes by Friedrich August von Hayek

All Time quotes Friedrich August von Hayek’s page

Hayek approaches time not just as a metric but as a backdrop for human choice. His reflections weave together market dynamics and the subtle ways our decisions ripple across eras.

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We must shed the illusion that we can deliberately 'create the future of mankind'

Friedrich August von Hayek

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We have indeed at the moment little cause for pride: as a profession we have made a mess of things.

Friedrich August von Hayek

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Human reason can neither predict nor deliberately shape its own future. Its advances consist in finding out where it has been wrong.

Friedrich August von Hayek

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Hayek was making us think of the productive process as a process in time, inputs coming before outputs.

Friedrich August von Hayek

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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

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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

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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

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Economic transactions between national bodies who are at the same time the supreme judges of their own behavior, who bow to no…

Friedrich August von Hayek

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I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our…

Friedrich August von Hayek

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By the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond…

Friedrich August von Hayek

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At a time when most movements that are thought to be progressive advocate further encroachments on individual liberty, those who cherish freedom…

Friedrich August von Hayek

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The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there…

Friedrich August von Hayek

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It is one of the saddest spectacles of our time to see a great democratic movement support a policy which must lead…

Friedrich August von Hayek

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“The state should confine itself to establishing rules applying to general types of situations and should allow the individuals freedom in everything…

Friedrich August von Hayek

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We must shed the illusion that we can deliberately "create the future of mankind." This is the final conclusion of the forty…

Friedrich August von Hayek

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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…

Friedrich August von Hayek

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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

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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

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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

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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

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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

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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

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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

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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

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The Nobel Prize confers on an individual an authority which in economics no man ought to possess.

Friedrich August von Hayek

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[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