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.
FRIEDRICH AUGUST VON HAYEKIn government, the scum rises to the top.
More Friedrich August von Hayek Quotes
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Freedom necessarily means that many things will be done which we do not like.
FRIEDRICH AUGUST VON HAYEK -
We did not realise how fragile our civilisation was.
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To create conditions in which competition will be as effective as possible, to prevent fraud and deception, to break up monopolies- these tasks provide a wide and unquestioned field for state activity.
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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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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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This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.
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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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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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If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.
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We shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may prevent its use for desirable purposes.
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The mind cannot foresee its own advance.
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Emergencies’ have always been the pretext on which the safeguards of individual liberty have been eroded.
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In government, the scum rises to the top.
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No human mind can comprehend all the knowledge which guides the actions of society.
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It is perhaps the most characteristic feature of the intellectual that he judges new ideas not by their specific merits but by the readiness with which they fit into his general conceptions, into the picture of the world which he regards as modern or advanced.
FRIEDRICH AUGUST VON HAYEK