Friedrich August von Hayek Quotes - Page 2

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• With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.

  Friedrich August von Hayek

  Government, Issues, People

  12 Copy quote

• By giving the government unlimited powers, the most arbitrary rule can be made legal; and in this way a democracy may set up the most complete despotism imaginable.

  Friedrich August von Hayek

  Government, Giving, Democracy

  70 Copy quote

• To be controlled in our economic pursuits means to be controlled in everything.

  Friedrich August von Hayek

  Mean, Historical, Economics

  19 Copy quote

• I have come to feel strongly that the greatest service I can still render to my fellow men would be that I could make the speakers and writers among them thoroughly ashamed ever again to employ the term "social justice.

  Friedrich August von Hayek

  Men, Justice, Would Be

  "Law, Legislation and Liberty". Book by Friedrich Hayek, Ch. 9 : 'Social' or Distributive Justice, 1973.

  14 Copy quote

• When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.

  Friedrich August von Hayek

  Power, Democracy, Politics

  9 Copy quote

• Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control necessary. For this reason all those who wish to stop the drift toward increasing government control should concentrate their effort on monetary policy.

  Friedrich August von Hayek

  Government, Circles, Effort

  "The Constitution of Liberty". Book by Friedrich Hayek, Chap. 21 : The Monetary Framework, 1960.

  8 Copy quote

• Through the inevitable mismanagement of resources and goods at the disposal of the state, all forms of collectivism lead eventually to tyranny.

  Friedrich August von Hayek

  States, Form, Resources

  21 Copy quote

• Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.

  Friedrich August von Hayek

  Beautiful, Mean, Order

  140 Copy quote

• The moral consequences of totalitarian propaganda...are destructive of all morals because they undermind one of the foundations of all morals: the sense of and respect for truth.

  Friedrich August von Hayek

  Foundation, Politics, Moral

  33 Copy quote

• The state itself becomes more and more identified with the interests of those who run things than with the interests of the people in general.

  Friedrich August von Hayek

  Running, People, Political

  21 Copy quote

• Few are ready to recognize that the rise of fascism and Nazism was not a reaction against the socialist trends of the preceding period but a necessary outcome of those tendencies.

  Friedrich August von Hayek

  Trends, Outcomes, Reactions

  37 Copy quote

• Freedom can be preserved only if it is treated as a supreme principle which must not be sacrificed for particular advantages.

  Friedrich August von Hayek

  Freedom, Principles, Advantage

  36 Copy quote

• It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.

  Friedrich August von Hayek

  Men, Thinking, Tyrants

  "The Constitution of Liberty". Book by Friedrich Hayek. Part II: "Freedom and the Law". Chapter 9: "Coercion and the State", 1960.

  80 Copy quote

• A society that does not recognise that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom.

  Friedrich August von Hayek

  Freedom, Equality, Doe

  "The Constitution of Liberty". Book by Friedrich Hayek, p. 79, 1960.

  15 Copy quote

• Ever since the beginning of modern science, the best minds have recognized that "the range of acknowledged ignorance will grow with the advance of science." Unfortunately, the popular effect of this scientific advance has been a belief, seemingly shared by many scientists, that the range of our ignorance is steadily diminishing and that we can therefore aim at more comprehensive and deliberate control of all human activities. It is for this reason that those intoxicated by the advance of knowledge so often become the enemies of freedom.

  Friedrich August von Hayek

  Wisdom, Ignorance, Mind

  "The Constitution of Liberty". Book by Friedrich Hayek, Chap. 2 : The Creative Power of a Free Civilization, 1960.

  13 Copy quote

• The more the state "plans" the more difficult planning becomes for the individual.

  Friedrich August von Hayek

  Planning, Individual, States

  1944 The Road to Serfdom.

  79 Copy quote

• It seems to be almost a law of human nature that it is easier for people to agree on a negative program - on the hatred of an enemy, on the envy of those better off - than on any positive task.

  Friedrich August von Hayek

  Law, People, Envy

  33 Copy quote

• The younger generation of today has grown up in a world in which in school and press the spirit of commercial enterprise has been represented as disreputable and the making of profit as immoral, where to employ a hundred people is represented as exploitation but to command the same number as honorable.

  Friedrich August von Hayek

  School, Numbers, People

  35 Copy quote

• Planning leads to dictatorship because dictatorship is the most effective instrument of coercion and the enforcement of ideals and, as such, essential if central planning on a large scale is to be possible.

  Friedrich August von Hayek

  Essentials, Enforcement, Coercion

  28 Copy quote

• Any man who is only an economist is unlikely to be a good one.

  Friedrich August von Hayek

  Men, Economics, Unlikely

  18 Copy quote

• 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

  Thinking, Government, Exaggeration Is

  19 Copy quote

• Freedom necessarily means that many things will be done which we do not like.

  Friedrich August von Hayek

  Mean, Done

  11 Copy quote

• Money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man, a range greater than that which not many generations ago was open to the wealthy

  Friedrich August von Hayek

  Men, Choices, Generations

  16 Copy quote

• No human mind can comprehend all the knowledge which guides the actions of society.

  Friedrich August von Hayek

  Knowledge, Mind, Action

  "The Constitution of Liberty". Book by Friedrich Hayek, Introduction, 1960.

  18 Copy quote

• To discover the meaning of what is called "social justice" has been one of my chief preoccupations for more than 10 years. I have failed in this endeavour or rather, have reached the conclusion that, with reference to society of free men, the phrase has no meaning whatever.

  Friedrich August von Hayek

  Men, Years, Justice

  "New Studies in Philosophy, Politics, Economics and the History of Ideas". Book by Friedrich Hayek, The Atavism of Social Justice (ch. 5), 1978.

  57 Copy quote

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