Without a theory the facts are silent.
FRIEDRICH AUGUST VON HAYEKIt can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes of the events which occur in the real world.
More Friedrich August von Hayek Quotes
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No human mind can comprehend all the knowledge which guides the actions of society.
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When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.
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The conservative feels safe and content only if he is assured that some higher wisdom watches and supervises change, only if he knows that some authority is charged with keeping the change “orderly.
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Wherever liberty as we understand it has been destroyed, this has almost always been done in the name of some new freedom promised to the people
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Liberty”’.that condition of man in which coercion of some by others is reduced as much as possible in society
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If democracy is a means rather than an end, its limits must be determined in the light of the purpose we want it to serve.
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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 by refusing to acknowledge the facts.
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Capitalism created the possibility of employment.
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In government, the scum rises to the top.
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As is true with respect to other great evils, the measures by which war might be made altogether impossible for the future may well be worse than even war itself.
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If socialists understood economics, they wouldn’t be socialist.
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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.
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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.
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In no other field has the world yet paid so dearly for the abandonment of nineteenth-century liberalism as in the field where the retreat began: in international relations. Yet only a small part of the lesson which experience ought to have taught us has been learned.
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The freedom that will be used by only one man in a million may be more important to society and more beneficial to the majority than any freedom that we all use.
FRIEDRICH AUGUST VON HAYEK