It would clearly not be an improvement to build all houses exactly alike in order to create a perfect market for houses, and the same is true of most other fields where differences between the individual products prevent competition from ever being perfect.
FRIEDRICH AUGUST VON HAYEKIf the human intellect is allowed to impose a preconceived pattern on society, if our powers of reasoning are allowed to lay claim to a monopoly of creative effort… then we must not be surprised if society, as such, ceases to function as a creative force.
More Friedrich August von Hayek Quotes
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We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.
FRIEDRICH AUGUST VON HAYEK -
Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing wrong.
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The great aim of the struggle for liberty has been equality before the law.
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[T]hose who are willing to surrender their freedom for security have always demanded that if they give up their full freedom it should also be taken from those not prepared to do so.
FRIEDRICH AUGUST VON HAYEK -
To be controlled in our economic pursuits means to be controlled in everything.
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The Nobel Prize confers on an individual an authority which in economics no man ought to possess.
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It used to be the boast of free men that, so long as they kept within the bounds of the known law, there was no need to ask anybody’s permission or to obey anybody’s orders. It is doubtful whether any of us can make this claim today.
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Without a theory the facts are silent.
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All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in that they include among the ignorant themselves as well as the wisest.
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When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.
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I have come to feel strongly that the greatest service I can still render to my fellow men would be that I could make the speakers and writers among them thoroughly ashamed ever again to employ the term “social justice.
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The mind cannot foresee its own advance.
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Conservatism is only as good as what it conserves.
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It is of the essence of the demand for equality before the law that people should be treated alike in spite of the fact that they are different.
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It is neither necessary nor desirable that national boundaries should mark sharp differences in standards of living, that membership of a national group should entitle to a share in a cake altogether different from that in which members of other groups share.
FRIEDRICH AUGUST VON HAYEK