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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
Principles
Particular
Sacrificed
Freedom
Preserved
Must
Advantages
Principle
Treated
Supreme
Advantage

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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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The moral consequences of totalitarian propaganda...are destructive of all morals because they undermind one of the foundations of all morals: the sense of and respect for truth.
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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?
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The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there may be some limits to it is bound to arouse suspicion.
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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.
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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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There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.
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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.
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The [classical] liberal, of course, does not deny that there are some superior people -- he is not an egalitarian -- but he denies that anyone has authority to decide who these superior people are.
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And it's a necessity [for journalists] to pretend to be competent on every subject, some of which they really do not understand. They are under that necessity, I regret I'm sorry for them. But to pretend to understand all the things you write about, and habitually to write about things you do not understand, is a very corrupting thing.
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It is not the source but the limitation of power which prevents it from being arbitrary.
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Without the rich - without those who accumulated capital - those poor who could exist at all would be very much poorer indeed, scratching a livelihood from marginal lands on which every drought would kill most of the children they would be trying to raise.
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Never will man penetrate deeper into error than when he is continuing on a road which has led him to great success
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The more I learn about the evolution of ideas, the more I have become aware that I am simply an unrepentant Old Whig-with the stress on the old.
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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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Capitalism created the possibility of employment.
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Our moral traditions developed concurrently with our reason, not as its product.
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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 state itself becomes more and more identified with the interests of those who run things than with the interests of the people in general.
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We did not realise how fragile our civilisation was.
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