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Friedrich August von Hayek Quotes

Friedrich August von Hayek quotes

Austrian Economist May 8, 1899 – March 23, 1992

Friedrich August von Hayek quotes in russian
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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
Friedrich August von Hayek quote: "A claim for equality of material position can be met only by a..."
A claim for equality of material position can be met only by a government with totalitarian powers. Friedrich August von Hayek
It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide. Friedrich August von Hayek
The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there may be some limits to it is bound to arouse suspicion. Friedrich August von Hayek
It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know. Friedrich August von 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 August von 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 August von 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 August von Hayek
Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one's government is not necessarily to secure freedom. Friedrich August von Hayek
Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information? Friedrich August von Hayek
To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm. Friedrich August von Hayek
We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice. Friedrich August von 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 August von 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 August von Hayek
The credit which the apparent conformity with recognized scientific standards can gain for seemingly simple but false theories may, as the present instance shows, have grave consequences. Friedrich August von Hayek

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