We must shed the illusion that we can deliberately 'create the future of mankind' — Friedrich August von Hayek Copy Share Image
We have indeed at the moment little cause for pride: as a profession we have made a mess of things. — Friedrich August von Hayek Copy Share Image
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 Copy Share Image
Hayek was making us think of the productive process as a process in time, inputs coming before outputs. — 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
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 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
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 Copy Share Image
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 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… — Friedrich August von Hayek Copy Share Image
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 Copy Share Image
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 Copy Share Image
“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 Copy Share Image
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 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
![“[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.” 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)
