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 August von Hayek authoritariandeterminationdirect share on social
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 August von Hayek factgeneralgreat Change image and share on social
We have indeed at the moment little cause for pride: as a profession we have made a mess of things. Friedrich August von Hayek makemesmoment Change image and share on social
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 engineerexaggerationgain Change image and share on social
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's government is not necessarily to secure freedom. Friedrich August von Hayek choosecompletedependence share on social
A claim for equality of material position can be met only by a government with totalitarian powers. Friedrich August von Hayek claimequalitygovernment Change image and share on social
If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion. Friedrich August von Hayek coerciondesirabilityessential Change image and share on social
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 August von Hayek actbeliefenable share on social
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 August von Hayek academicdecidedifference Change image and share on social
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 August von Hayek achievecontroldeliberate Change image and share on social
