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Once politics become a tug-of-war for shares in the income pie, decent government is impossible.
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
Income
Share
Impossible
Politics
War
Become
Shares
Government
Pie
Decent
More quotes by Friedrich August von Hayek
If we can reduce the risk of friction likely to lead to war, this is probably all we can reasonably hope to achieve.
Friedrich August von Hayek
To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.
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The chief point we must remember is that the great and rapid advance of the physical sciences took place in fields where it proved that explanation and prediction could be based on laws which accounted for the observed phenomena as functions of comparatively few variables - either particular facts or relative frequencies of events.
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
Least of all shall we preserve democracy or foster its growth if all the power and most of the important decisions rest with an organization far too big for the common man to survey or comprehend.
Friedrich August von Hayek
It is not the source but the limitation of power which prevents it from being arbitrary.
Friedrich August von Hayek
To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.
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Socialism can only be put into practice only by methods which most socialists disapprove.
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Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one's government is not necessarily to secure freedom.
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It used to be the boast of free men that, so long as they kept within the bounds of the known law, there was no need to ask anybody's permission or to obey anybody's orders. It is doubtful whether any of us can make this claim today.
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Independence of mind or strength of character is rarely found among those who cannot be confident that they will make their way by their own effort.... Indeed, when security is understood in too absolute a sense, the general striving for it, far from increasing the chances of freedom, becomes the greatest threat to it.
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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 Hayek
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.
Friedrich August von Hayek
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.
Friedrich August von Hayek
I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it.
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[The] impersonal process of the market ... can be neither just nor unjust, because the results are not intended or foreseen.
Friedrich August von Hayek
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
Our moral traditions developed concurrently with our reason, not as its product.
Friedrich August von Hayek
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
Friedrich August von Hayek
Freedom necessarily means that many things will be done which we do not like.
Friedrich August von Hayek
