Acting Quote by Friedrich August von Hayek

“It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress... it is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.” quote by Friedrich August von Hayek — Download Open image

“It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress... it is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.”

Friedrich August von Hayek

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Acting Argument Different Ends Knowledge and understanding Majority Majority opinion Minorities Opinion Progress Understanding Way

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…

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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…

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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 one's own conviction against a majority, and the willingness to voluntary cooperation with one's neighbors--are essentially those on which the of an individualist society rests. Collectivism has nothing to put in their place, and in so…

Friedrich August von Hayek

Unlike the rationalism of the French Revolution, true liberalism has no quarrel with religion, and I can only deplore the militant and essentially illiberal antireligionism which animated so much of nineteenth-century Continental liberalism. ... What distinguishes the liberal from the conservative here is that, however profound his own spiritual beliefs, he will never regard himself as entitled to impose them…

Friedrich August von Hayek

We must make the building of a free society once more an intellectual adventure, a deed of courage… Unless we can make the philosophic foundations of a free society once more a living intellectual issue, and its implementation a task which challenges the ingenuity and imagination of our liveliest minds, the prospects of freedom are indeed dark. But if we…

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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…

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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…

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It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends…

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Explore all 244 Friedrich August von Hayek quotes

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