Action Quote by Friedrich August von Hayek

“Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions… Liberty and responsibility are inseparable.” quote by Friedrich August von Hayek — Download Open image

“Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions… Liberty and responsibility are inseparable.”

Friedrich August von Hayek

★ ★ ★ ★ ★ 3.4 out of 5 (7 ratings)

Action Bears Burden Capitalism Choices Consequence Freedom Individual Individual liberty Inseparable Liberty Mean Opportunity Political Politics Responsibility

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

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

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

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

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

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

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

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

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

Image

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

Friedrich August von Hayek

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