“The great misfortune of our generation is that the direction which by the amazing progress of the natural sciences has been given to its interests is not one which assists us in comprehending the larger process of which as individuals we form merely a part or in appreciating how we constantly contribute to a common effort without either directing it or submitting to orders of others.” ReasonScience Author:Friedrich Hayek
“Emergencies” have always been the pretext on which the safeguards of individual liberty have eroded.” PoliticsFreedomLibertyViolenceLibertarianSocialismAnarchyTaxationTheftCoercionCollectivismStatismVoluntaryismNon Aggression PrincipleAncapAnarcho CapitalismAustrian School Of EconomicsNapFree Markets Author:Friedrich Hayek
“It seems to be almost a law of human nature, that it is easier for people to agree on a negative programme, on the hatred of an enemy, on the envy of those better off, than on any positive task. The contrast between the “we” and the “they,” the common fight against those outside the group, seems to be an essential ingredient in any creed which will solidly knit together a group for common action. It is consequently always employed by those who seek, not merely support of a policy, but the unreserved allegiance of huge masses. From their point of view it has the great advantage of leaving them greater freedom of action than almost any positive programme.” EnemyIdentityHatredOtherConsolidationWe Community Book:The Road to Serfdom Source: The Road to Serfdom
“There is no answer in the available literature to the question why a government monopoly of the provision of money is universally regarded as indispensable. ... It has the defects of all monopolies.” MoneyCentral Banks Book:Denationalisation of Money -The Argument Refined Source: Denationalisation of Money -The Argument Refined
“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order. Yet that decentralization actually leads to more information being taken into account.” EconomicsSocialismHayek Book:The Fatal Conceit: The Errors of Socialism Source: The Fatal Conceit: The Errors of Socialism
“The views of intellectuals influence the politics of tomorrow...What to the contemporary observer appears as the battle of conflicting interests has indeed often been described long before in a clash of ideas confined to narrow circles.” PoliticsAcademiaHayek Author:Friedrich Hayek
“Ogni tentativo di controllare i prezzi o le quantità di particolari beni priva la concorrenza del suo potere di realizzare un efficace coordinamento degli sforzi individuali, perché i cambiamenti di prezzo cessano di registrare tutti i cambiamenti rilevanti nelle circostanze e non forniscono più una guida affidabile alle azioni degli individui.” MercatoPrezzi Book:The Road to Serfdom Source: The Road to Serfdom