The best Quotes by Friedrich August von Hayek

The best Quotes by Friedrich August von Hayek

Friedrich August von Hayek (8 May 1899 – 23 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and political philosopher who made contributions to economics, political philosophy, psychology, intellectual history, and other fields.

We shall not grow wiser before we learn that much that we have done was very foolish.
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
A claim for equality of material position can be met only by a government with totalitarian powers.
He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants.
It may seem harsh, but it is probably in the interest of all that under a free system those with full earning capacity should often be rapidly cured of a temporary and not dangerous disablement at the expense of some neglect of the aged and mortally ill.