Maxioms by F.a. Hayek
Every change in conditions will make necessary some change in the use of resources, in the direction and kind of read more
Every change in conditions will make necessary some change in the use of resources, in the direction and kind of human activities, in habits and practices. And each change in the actions of those affected in the first instance will require further adjustments that will gradually extend through the whole of society. Every change thus in a sense creates a "problem" for society, even though no single individual perceives it as such; it is gradually "solved" by the establishment of a new overall adjustment.
...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us read more
...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.
The successful politician owes his power to the fact that he moves within the accepted framework of thought, that he read more
The successful politician owes his power to the fact that he moves within the accepted framework of thought, that he thinks and talks conventionally. It would be almost a contradiction in terms for a politician to be a leader in the field of ideas. His task in a democracy is to find out what the opinions held by the largest number are, not to give currency to new opinions which may become the majority view in some distant future.
What a free society offers to the individual is much more than what he would be able to do if read more
What a free society offers to the individual is much more than what he would be able to do if only he were free.
The part of our social order which can or ought to be made a conscious product of human reason is read more
The part of our social order which can or ought to be made a conscious product of human reason is only a small part of all the forces of society.