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Freedom can be preserved only if it is treated as a supreme principle which must not be sacrificed for particular advantages.
Friedrich August von Hayek
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Friedrich August von Hayek
Age: 92 †
Born: 1899
Born: May 8
Died: 1992
Died: March 23
Economist
Historian
Philosopher
Political Scientist
University Teacher
Vienna
Austria
Friedrich August von Hayek
Friedrich von Hayek
Friedrich A. von Hayek
Friedrich A. Von Hayek
F. A. von Hayek
Friedrich August Von Hayek
Hayek
F. A. Hayek
Advantage
Principles
Particular
Sacrificed
Freedom
Preserved
Must
Advantages
Principle
Treated
Supreme
More quotes by Friedrich August von Hayek
Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?
Friedrich August von Hayek
Any man who is only an economist is unlikely to be a good one.
Friedrich August von Hayek
It seems to be almost a law of human nature that it is easier for people to agree on a negative program - on the hatred of an enemy, on the envy of those better off - than on any positive task.
Friedrich August von Hayek
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.
Friedrich August von Hayek
Without a theory the facts are silent.
Friedrich August von Hayek
Liberty'''.that condition of man in which coercion of some by others is reduced as much as possible in society
Friedrich August von Hayek
[The] impersonal process of the market ... can be neither just nor unjust, because the results are not intended or foreseen.
Friedrich August von Hayek
We certainly do not regard it as right that the citizens of a large country should dominate those of a small adjoining country merely because they are more numerous.
Friedrich August von Hayek
The effect of the people's agreeing that there must be central planning, without agreeing on the ends, will be rather as if a group of people were to commit themselves to take a journey together without agreeing where they want to go with the result that they may all have to make a journey which most of them do not want at all.
Friedrich August von Hayek
Liberty and responsibility are inseparable.
Friedrich August von Hayek
The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception.
Friedrich August von Hayek
What a free society offers to the individual is much more than what he would be able to do if only he were free.
Friedrich August von Hayek
Personally I prefer a liberal dictator to democratic government lacking liberalism.
Friedrich August von Hayek
Once wide coercive powers are given to governmental agencies for particular purposes, such powers cannot be effectively controlled by democratic assemblies.
Friedrich August von Hayek
A claim for equality of material position can be met only by a government with totalitarian powers.
Friedrich August von Hayek
To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about because we are suffering from a misdirection of production, we want to create further misdirection -- a procedure which can only lead to a much more severe crisis as soon as the credit expansion comes to an end.
Friedrich August von Hayek
The chief difference [between totalitarian and free countries] is that only the totalitarians appear clearly to know how they want to achieve that result, while the free world has only its past achievements to show, being by its very nature unable to offer any detailed plan for further growth.
Friedrich August von Hayek
It may be that a free society... carries in itself the forces of its own destruction, that once freedom has been achieved it is taken for granted and ceases to be valued, and that the free growth of ideas which is the essence of a free society will bring about the destruction of the foundations on which it depends.
Friedrich August von Hayek
Nothing is more securely lodged than the ignorance of the experts.
Friedrich August von Hayek
The power which a multiple millionaire, who may be my neighbor and perhaps my employer, has over me is very much less than that which the smallest functionaire possesses who wields the coercive power of the state, and on whose desecration it depends whether and how I am allowed to live or to work.
Friedrich August von Hayek