Friedrich Hayek Quotes (81 quotes)

“A claim for equality of material position can be met only by a government with totalitarian powers.”
―Friedrich Hayek

“Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.”
―Friedrich Hayek

“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.”
―Friedrich Hayek

“Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.”
―Friedrich 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 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 Hayek

“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.”
―Friedrich Hayek

“I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general character of a pattern even where we are ignorant of the numerical values which will determine its particular manifestation.”
―Friedrich Hayek

“If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will be they who will settle these questions for the others, and because they are convinced of their own capacity to do this.”
―Friedrich 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 Hayek

“Intellects whose desires have outstripped their understanding.”
―Friedrich Hayek

“It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes of the events which occur in the real world.”
―Friedrich Hayek

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Friedrich Hayek

Friedrich Hayek

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Born: May 08, 1899

Died: March 23, 1992

Nationality: Austrian

Occupation: Economist

Bio: Friedrich August Hayek CH, born in Austria-Hungary as Friedrich August von Hayek, was an economist and philosopher best known for his defense of classical liberalism. In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences for his pioneering work in the theory of money and economic fluctuations and...

Austrian School economists

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