Our alternative is either to stick to a moral tradition which we haven
—Friedrich Hayek
Topics: Capitalism
There is all the difference in the world between treating people equally and attempting to make them equal.
—Friedrich Hayek
Topics: Equality
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
Topics: Difficulty
Like other traditions, the tradition of reason is learnt, not innate. It too lies between instinct and reason; and the question of the real reasonableness and truth of this tradition of proclaimed reason and truth must now also scrupulously be examined.
—Friedrich Hayek
Topics: Reason
The greatest danger to liberty today comes from the men who are most needed and most powerful in modern government, namely, the efficient expert administrators exclusively concerned with what they regard as the public good.
—Friedrich Hayek
Topics: Welfare
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.
—Friedrich Hayek
Topics: Voting
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
Topics: Equality
With every grant of security to one group the insecurity of the rest necessarily increases.
—Friedrich Hayek
The mind cannot foresee its own advance.
—Friedrich Hayek
Topics: Foresight
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 Hayek
Topics: Economics
The more state ‘plans’ the more difficult planning becomes for the individual.
—Friedrich Hayek
It is, indeed, part of the liberal attitude to assume that, especially in the economic field, the self-regulating forces of the market will somehow bring about the required adjustments to new conditions, although no one can foretell how they will do this in a particular instance. There is perhaps no single factor contributing so much to people
—Friedrich Hayek
What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves.
—Friedrich Hayek
Topics: Property
…the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend
—Friedrich Hayek
Topics: Welfare, Actors
Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions…. Liberty and responsibility are inseparable.
—Friedrich Hayek
Topics: Responsibility
Only where we ourselves are responsible for our own interests and are free to sacrifice them has our decision moral value. We are neither entitled to be unselfish at someone else’s expense nor is there any merit in being unselfish if we have no choice. The members of a society who in all respects are made to do the good thing have no title to praise.
—Friedrich Hayek
Topics: Responsibility
Wondering Whom to Read Next?
- Karl Popper Austrian-born British Philosopher
- Ludwig von Mises Austrian Economist
- Robert Owen British Social Reformer
- Jane Addams American Social Reformer
- Bertrand A. Russell British Philosopher, Mathematician
- Arnold J. Toynbee British Historian
- Jeannette Rankin American Politician
- Ludwig Wittgenstein Austrian-born British Philosopher
- T. S. Eliot American-born British Poet
- Winston Churchill British Head of State
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