The main point about liberalism is that it wants to go elsewhere, not to stand still.
~ Friedrich Hayek
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The main point about liberalism is that it wants to go elsewhere, not to stand still.
~ Friedrich Hayek
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There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.
~ Friedrich Hayek
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The tug of war between conservatives and progressives can only affect the speed, not the direction, of contemporary developments.
~ Friedrich Hayek
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To be controlled in our economic pursuits means to be always controlled unless we declare our specific purpose. Or, since when we declare our specific purpose we shall also have to get it approved, we should really controlled in everything.
~ Friedrich Hayek
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Civilization as we know it is inseparable from urban life.
~ Friedrich Hayek
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If democracy is a means rather than an end, its limits must be determined in the light of the purpose we want it to serve.
~ Friedrich Hayek
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That democratic socialism, the great utopia of the last few generations, is not only unachievable, but that to strive for it produces something so utterly different that few of those who wish it would be prepared to accept the consequences, many will not believe until the connection has been laid bare in all its aspects.
~ Friedrich Hayek
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Before we can try to remold society intelligently, we must understand its functioning; we must realise that, even when we believe that we understand it, we may be mistaken.
~ Friedrich Hayek
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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
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