Friedrich August von Hayek

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I was quite depressed two weeks ago when I spent an afternoon at Brentano's Bookshop in New York and was looking at the kind of books most people read. That seems to be hopeless; once you see that you lose all hope.
- Friedrich August von Hayek
Collection: New York
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To rest the case for equal treatment of national or racial minorities on the assumption that they do not differ from other men is implicitly to admit that factual inequality would justify unequal treatment, and the proof that some differences do, in fact, exist would not be long in forthcoming. 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.
- Friedrich August von Hayek
Collection: Men
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Socialism is simply a re-assertion of that tribal ethics whose gradual weakening had made an approach to the Great Society possible.
- Friedrich August von Hayek
Collection: Ethics
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... that order generated without design can far outstrip plans men consciously contrive
- Friedrich August von Hayek
Collection: Men
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The Nobel Prize confers on an individual an authority which in economics no man ought to possess.
- Friedrich August von Hayek
Collection: Men
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It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress. In the process by which opinion is formed, it is very probable that, by the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point which the majority have reached. It is because we do not yet know which of the many competing new opinions will prove itself the best that we wait until it has gained sufficient support.
- Friedrich August von Hayek
Collection: Wisdom
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It may indeed prove to be far the most difficult and not the least important task for human reason rationally to comprehend its own limitations. It is essential for the growth of reason that as individuals we should bow to forces and obey principles which we cannot hope fully to understand, yet on which the advance and even the preservation of civilization depend.
- Friedrich August von Hayek
Collection: Civilization
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That there is little hope of international order or lasting peace so long as every country is free to employ whatever measures it thinks desirable in its own immediate interest, however damaging they may be to others, needs little emphasis now.
- Friedrich August von Hayek
Collection: Country
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...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.
- Friedrich August von Hayek
Collection: Ignorance
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The effect of the people's agreeing that there must be central planning, without agreeing on the ends, will be rather as if a group of people were to commit themselves to take a journey together without agreeing where they want to go; with the result that they may all have to make a journey which most of them do not want at all.
- Friedrich August von Hayek
Collection: Journey
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We can either have a free Parliament or a free people. Personal freedom requires that all authority is restrained by long-run principles which the opinion of the people approves.
- Friedrich August von Hayek
Collection: Running
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There can be little doubt that man owes some of his greatest successes in the past to the fact that he has not been able to control social life. His continued advance may well depend on his deliberately refraining from exercising controls which are now in his power.
- Friedrich August von Hayek
Collection: Exercise
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Socialism has never and nowhere been at first a working-class movement.
- Friedrich August von Hayek
Collection: Class
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We must not forget that … monetary policy all over the world has followed the advice of the stabilizers. It is high time that their influence, which has already done harm enough, should be overthrown.
- Friedrich August von Hayek
Collection: Advice
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We shall all be the gainers if we can create a world fit for small states to live in.
- Friedrich August von Hayek
Collection: World
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It is true that the virtues which are less esteemed and practiced now--independence, self-reliance, and the willingness to bear risks, the readiness to back one's own conviction against a majority, and the willingness to voluntary cooperation with one's neighbors--are essentially those on which the of an individualist society rests. Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.
- Friedrich August von Hayek
Collection: Self
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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.
- Friedrich August von Hayek
Collection: Men
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The guiding principle that a policy of freedom for the individual is the only truly progressive policy remains as true today as it was in the nineteenth century.
- Friedrich August von Hayek
Collection: Progressive
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If democracy is a means rather than an end, its limits must be determined in the light of the purpose we want it to serve.
- Friedrich August von Hayek
Collection: Mean
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I use throughout the term 'liberal' in the original, nineteenth-century sense in which it is still current in Britain. In current American usage it often means very nearly the opposite of this. It has been part of the camouflage of leftish movements in this country, helped by muddleheadedness of many who really believe in liberty, that 'liberal' has come to mean the advocacy of almost every kind of government control.
- Friedrich August von Hayek
Collection: Country
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Competition means decentralized planning by many separate persons.
- Friedrich August von Hayek
Collection: Mean
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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.
- Friedrich August von Hayek
Collection: Law
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We must raise and train an army of fighters for freedom.
- Friedrich August von Hayek
Collection: Army
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From the saintly and single-minded idealist to the fanatic is often but a step.
- Friedrich August von Hayek
Collection: Steps
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To undertake the direction of the economic life of people with widely divergent ideals and values is to assume responsibilities which commit one to the use of force; it is to assume a position where the best intentions cannot prevent one from being forced to act in a way which to some of those affected must appear highly immoral. This is true even if we assume the dominant power to be as idealistic and unselfish as we can possibly conceive. But how small is the likelihood that it will be unselfish, and how great are the temptations!
- Friedrich August von Hayek
Collection: Responsibility
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Human envy is certainly not one of the sources of discontent that a free society can eliminate. It is probably one of the essential conditions for the preservation of such a society that we do not countenance envy, not sanction its demands by camouflaging it as social justice, but treat it, in the words of John Stuart Mill, as 'the most anti-social and evil of all passions.'
- Friedrich August von Hayek
Collection: Passion
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We must make the building of a free society once more an intellectual adventure, a deed of courage. Unless we can make the philosophic foundations of a free society once more a living intellectual issue, and its implementation a task which challenges the ingenuity and imagination of our liveliest minds, the prospects of freedom are indeed dark. But if we can regain that belief in the power of ideas which was the mark of liberalism at its best, the battle is not lost.
- Friedrich August von Hayek
Collection: Adventure
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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
- Friedrich August von Hayek
Collection: Men
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Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for the obvious evil which the interests of that class will necessarily demand. It is a construction of theorists.
- Friedrich August von Hayek
Collection: Philosophy
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It is one of the saddest spectacles of our time to see a great democratic movement support a policy which must lead to the destruction of democracy and which meanwhile can benefit only a minority of the masses who support it. Yet it is this support from the Left of the tendencies toward monopoly which make them so irresistible and the prospects of the future so dark.
- Friedrich August von Hayek
Collection: Dark
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All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in that they include among the ignorant themselves as well as the wisest. Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that the most ignorant individual can deliberately employ is comparatively insignificant.
- Friedrich August von Hayek
Collection: Differences
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The economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialist promise us, and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice: it must be the freedom of economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right
- Friedrich August von Hayek
Collection: Responsibility