Showing posts with label Austrian Economist Quotes. Show all posts
Showing posts with label Austrian Economist Quotes. Show all posts

The progress of the natural sc...

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
Austrian, Economist Quotes~

The mind cannot foresee its ow...

The mind cannot foresee its own advance.
~Friedrich August von Hayek
Austrian, Economist Quotes~

Perhaps the fact that we have ...

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
Austrian, Economist Quotes~

Our moral traditions developed...

Our moral traditions developed concurrently with our reason, not as its product.
~Friedrich August von Hayek
Austrian, Economist Quotes~

He will therefore have to use ...

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
Austrian, Economist Quotes~

It seems to me that socialists...

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
Austrian, Economist Quotes~

It is rather a problem of how ...

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
Austrian, Economist Quotes~

It can hardly be denied that s...

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 August von Hayek
Austrian, Economist Quotes~

Intellects whose desires have ...

Intellects whose desires have outstripped their understanding.
~Friedrich August von Hayek
Austrian, Economist Quotes~

If we wish to preserve a free ...

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 August von Hayek
Austrian, Economist Quotes~

I regard it in fact as the gre...

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
Austrian, Economist Quotes~

I have arrived at the convicti...

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
Austrian, Economist Quotes~

Even the striving for equality...

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
Austrian, Economist Quotes~

A claim for equality of materi...

A claim for equality of material position can be met only by a government with totalitarian powers.
~Friedrich August von Hayek
Austrian, Economist Quotes~

'Emergencies' have always been...

'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
~Friedrich August von Hayek
Austrian, Economist Quotes~