Maxioms by F.a. Hayek
...it is largely because civilization enables us constantly to profit from knowledge which we individually do not possess and because read more
...it is largely because civilization enables us constantly to profit from knowledge which we individually do not possess and because each individual's use of his particular knowledge may serve to assist others unknown to him in achieving their ends that men as members of civilized society can pursue their individual ends so much more successfully than they could alone.
Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing read more
Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing wrong.
This is the constitutional limitation of man's knowledge and interests, the fact that he cannot know more than a tiny read more
This is the constitutional limitation of man's knowledge and interests, the fact that he cannot know more than a tiny part of the whole of society and that therefore all that can enter into his motives are the immediate effects which his actions will have in the sphere he knows.
...it is always from a minority acting in ways different from what the majority would prescribe that the majority in read more
...it is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.
Equality of the general rules of law and conduct, however, is the only kind of equality conducive to liberty and read more
Equality of the general rules of law and conduct, however, is the only kind of equality conducive to liberty and the only equality which we can secure without destroying liberty. Not only has liberty nothing to do with any other sort of equality, but it is even bound to produce inequality in many respects. This is the necessary result and part of the justification of individual liberty: if the result of individual liberty did not demonstrate that some manners of living are more successful than others, much of the case for it would vanish.