Friedrich Hayek Quotes (85 quotes)
“A claim for equality of material position can be met only by a government with totalitarian powers.”
Law, Legislation and Liberty: A New Statement of the Liberal Principles of Justice and Political Economy (first published in 1982), p. 83, "'Social' or Distributive Justice"
“"Emergencies" have always been the pretext on which the safeguards of individual liberty have been eroded.”
Law, Legislation and Liberty, Vol. 2: The Mirage of Social Justice (1976)
“Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.”
The Constitution of Liberty (1960)
“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.”
New Studies in Philosophy, Politics, Economics, and the History of Ideas (1978 edition), Taylor & Francis - ISBN: 9780710087249
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Picture Source: Wikimedia CommonsFriedrich Hayek
Born: May 8, 1899
Died: March 23, 1992 (aged 92)
Bio: Friedrich August Hayek, 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...