It is rather a problem of how to secure the best use of resources known to any of the members of society,… — Friedrich August von Hayek Copy Share Image
Every change in conditions will make necessary some change in the use of resources, in the direction and kind of human activities,… — 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
We shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may… — Friedrich August von Hayek Copy Share Image
The Socratic maxim that the recognition of our ignorance is the beginning of wisdom has profound significance for our understanding of society.… — Friedrich August von Hayek Copy Share Image
If we were to make no better use of victory than to countenance existing trends in this direction, only too visible before… — Friedrich August von Hayek Copy Share Image
I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current in Britain. In current American… — Friedrich August von Hayek Copy Share Image
It is because freedom means the renunciation of direct control of individual efforts that a free society can make use of so… — Friedrich August von Hayek Copy Share Image
He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork,… — 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
The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ,… — Friedrich August von Hayek Copy Share Image
Competition is like experimentation in science, a discovery process, and it must rely on the self interest of producers, it must allow… — 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
Conservatives are inclined to use the powers of government to prevent change or to limit its rate to whatever appeals to the… — Friedrich August von Hayek Copy Share Image
If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is… — 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
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
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
To undertake the direction of the economic life of people with widely divergent ideals and values is to assume responsibilities which commit… — Friedrich August von Hayek Copy Share Image
Our submission to general principles is necessary because we cannot be guided in our practical action by full knowledge and evaluation of… — 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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