“We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.”
Friedrich August von Hayek“Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.”
Friedrich August von Hayek“We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.”
Friedrich August von Hayek“'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.”
Friedrich August von Hayek“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.”
Friedrich August von Hayek“It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.”
Friedrich August von Hayek“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.”
Friedrich August von Hayek“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”
Friedrich August von Hayek“We shall not grow wiser before we learn that much that we have done was very foolish.”
Friedrich August von Hayek“I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.”
Friedrich August von Hayek“He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants.”
Friedrich August von Hayek