Friedrich August Von Hayek

A claim for equality of material position can be met only by a government with totalitarian powers.

A claim for equality of material position can be met only by a government with totalitarian powers.

Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - read more

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.

Intellects whose desires have outstripped their understanding.

Intellects whose desires have outstripped their understanding.

It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as read more

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.

I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem read more

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.