Friedrich August Von Hayek

Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - read more

Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.

I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem read more

I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions.

Intellects whose desires have outstripped their understanding.

Intellects whose desires have outstripped their understanding.

A claim for equality of material position can be met only by a government with totalitarian powers.

A claim for equality of material position can be met only by a government with totalitarian powers.

He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes read more

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.