Friedrich August von Hayek Quotes & Sayings
28 most famous Friedrich August von Hayek quotes and sayings (economist). These are the first 10 quotes we have.
“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”
“Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.”
“To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.”
“I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.”
“'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.”
“A claim for equality of material position can be met only by a government with totalitarian powers.”
“Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one's government is not necessarily to secure freedom.”
“It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.”
“We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and on which indeed we have only some very imprecise and general information.”
“We shall not grow wiser before we learn that much that we have done was very foolish.”
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