…the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.
FRIEDRICH AUGUST VON HAYEKSocialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for the obvious evil which the interests of that class will necessarily demand. It is a construction of theorists.
More Friedrich August von Hayek Quotes
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Conservatism is only as good as what it conserves.
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Freedom necessarily means that many things will be done which we do not like.
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[The] impersonal process of the market … can be neither just nor unjust, because the results are not intended or foreseen.
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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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And who will deny that a world in which the wealthy are powerful is still a better world than one in which only the already powerful can acquire wealth?
FRIEDRICH AUGUST VON HAYEK -
Nobody with open eyes can any longer doubt that the danger to personal freedom comes chiefly from the left.
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Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known substitute for the market order could sustain the current population of the world.
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Justice, like liberty and coercion, is a concept which, for the sake of clarity, ought to be confined to the deliberate treatment of men by other men.
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Socialism can only be put into practice only by methods which most socialists disapprove.
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Many who think themselves infinitely superior to the aberrations of Nazism, and sincerely hate all manifestations, work at the same time for ideals whose realization would lead straight to the abhorred tyranny.
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If 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.
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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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We did not realise how fragile our civilisation was.
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In government, the scum rises to the top.
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Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing wrong.
FRIEDRICH AUGUST VON HAYEK