'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
- Friedrich August von Hayek Quote

Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.
- Friedrich August von Hayek Quote

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 Quote

I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions.
- Friedrich August von Hayek Quote

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 August von Hayek Quote

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 Quote

It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes of the events which occur in the real world.
- Friedrich August von Hayek Quote

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 Quote

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 Quote

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 August von Hayek Quote

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 Quote

We have indeed at the moment little cause for pride: as a profession we have made a mess of things.
- Friedrich August von Hayek Quote

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 August von Hayek Quote

We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.
- Friedrich August von Hayek Quote

We shall not grow wiser before we learn that much that we have done was very foolish.
- Friedrich August von Hayek Quote