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There is nothing in the basic ...

There is nothing in the basic principles of liberalism to make it a stationary creed; there are no hard-and-fast rules fixed once and for all. ... Probably nothing has done so much harm to the liberal cause as the wooden insistence of some liberals on certain rules of thumb, above all the principle of laissez faire.

Friedrich Hayek 266 quotes

Conservatism, though a necessa...

Conservatism, though a necessary element in any stable society, is not a social program; in its paternalistic, nationalistic and power adoring tendencies it is often closer to socialism than true liberalism; and with its traditionalistic, anti-intellectual, and often mystical propensities it will never, except in short periods of disillusionment, appeal to the young and all those others who believe that some changes are desirable if this world is to become a better place.

Friedrich Hayek 266 quotes

This is not a dispute about wh...

This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.

Friedrich Hayek 266 quotes

In abbreviated form, by a kind...

In abbreviated form, by a kind of symbol, only the most essential information is passed on and passed on only to those concerned. It is more than a metaphor to describe the price system as a kind of machinery for registering change, or a system of telecommunications which enables individual producers to watch merely the movement of a few pointers, as an engineer might watch the hands of a few dials, in order to adjust their activities to changes of which they may never know more than is reflected in the price movement.

Friedrich Hayek 266 quotes

We certainly do not regard it ...

We certainly do not regard it as right that the citizens of a large country should dominate those of a small adjoining country merely because they are more numerous.

Friedrich Hayek 266 quotes

To act on the belief that we p...

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 Hayek 266 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 Hayek 266 quotes

We shall not grow wiser before...

We shall not grow wiser before we learn that much that we have done was very foolish.

Friedrich Hayek 266 quotes

Freedom granted only when it i...

Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.

Friedrich Hayek 266 quotes

I do not think it is an exagge...

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 Hayek 266 quotes

We must face the fact that the...

We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.

Friedrich Hayek 266 quotes

The curious task of economics ...

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

Friedrich Hayek 266 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 Hayek 266 quotes

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 Hayek 266 quotes

This means that to entrust to ...

This means that to entrust to science - or to deliberate control according to scientific principles - more than scientific method can achieve may have deplorable effects.

Friedrich Hayek 266 quotes

If most people are not willing...

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 266 quotes

We know, in other words, the g...

We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium.

Friedrich Hayek 266 quotes

We know: of course, with regar...

We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and on which indeed we have only some very imprecise and general information.

Friedrich Hayek 266 quotes

The credit which the apparent ...

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 Hayek 266 quotes

Why should we, however, in eco...

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 Hayek 266 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

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