The effect of the people’s agreeing that there must be central planning, — Friedrich August von Hayek
Whatever men live for, today most live only because of the market order. — Friedrich August von Hayek
Civilization enables us constantly to profit from knowledge which we individually do — Friedrich August von Hayek
By giving the government unlimited powers, the most arbitrary rule can be — Friedrich August von Hayek
Perhaps the fact that we have seen millions voting themselves into complete — Friedrich August von Hayek
… I prefer true but imperfect knowledge, even if it leaves much undetermined — Friedrich August von Hayek
All political theories assume, of course, that most individuals are very ignorant. — Friedrich August von Hayek
Socialism has never and nowhere been at first a working-class movement. It — Friedrich August von Hayek
That democratic socialism, the great utopia of the last few generations, is — Friedrich August von Hayek
It is because every individual knows little and, in particular, because we — Friedrich August von Hayek
Whenever it is necessary that one of several conflicting opinions should prevail — Friedrich August von Hayek
Competition is like experimentation in science, a discovery process, and it must — Friedrich August von Hayek
When it becomes dominated by a collectivist creed, democracy will inevitably destroy — Friedrich August von Hayek
Many who think themselves infinitely superior to the aberrations of Nazism, and — Friedrich August von Hayek
The principle that the end justifies the means is in individualist ethics — Friedrich August von Hayek