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Quote by Friedrich August von Hayek

“As is true with respect to other great evils, the measures by which war might be made altogether impossible for the future may well be worse than even war itself.”

Quote by Friedrich August von Hayek

Author

Friedrich August von Hayek

Friedrich August von Hayek, born on May 8, 1899, in Austria, and died on March 23, 1992, in the United Kingdom, was one of the most distinguished economists of the 20th century. He is renowned for his profound insights into the free market economy and his critical views on socialism. more

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“If we can reduce the risk of friction likely to lead to war, this is probably all we can reasonably hope to achieve.”

Ifs War Risk Achieve Friction

Author:Friedrich August von Hayek

“The Socratic maxim that the recognition of our ignorance is the beginning of wisdom has profound significance for our understanding of society. Most of the advantages of social life, especially in the more advanced forms that we call "civilization" rest on the fact that the individual benefits from more knowledge than he is aware of. It might be said that civilization begins when the individual in the pursuit of his ends can make use of more knowledge than he has himself acquired and when he can transcend the boundaries of his ignorance by profiting from knowledge he does not himself possess.”

“At a time when most movements that are thought to be progressive advocate further encroachments on individual liberty, those who cherish freedom are likely to expend their energies in opposition. In this they find themselves much of the time on the same side as those who habitually resist change.”

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Author:Friedrich August von Hayek

“The conservative feels safe and content only if he is assured that some higher wisdom watches and supervises change, only if he knows that some authority is charged with keeping the change "orderly.”

Ifs Knows Feels Watches Higher Safe Authority Conservative Assured Orderly

Author:Friedrich August von Hayek

“In no other field has the world yet paid so dearly for the abandonment of nineteenth-century liberalism as in the field where the retreat began: in international relations. Yet only a small part of the lesson which experience ought to have taught us has been learned.”

World Has Beens Century Fields Taught Ought Lessons Relation Paid International Liberalism Retreat Abandonment International Relations Nineteenth Century Taught Us Small Parts

Author:Friedrich August von Hayek

“Perhaps even more than elsewhere current notions of what is desirable and practicable are here still of a kind which may well produce the opposite of what they promise.”

Wells Kind May Stills Produce Promise Opposites Notion Currents Elsewhere Desirable

Author:Friedrich August von Hayek

“That there is little hope of international order or lasting peace so long as every country is free to employ whatever measures it thinks desirable in its own immediate interest, however damaging they may be to others, needs little emphasis now.”

Thinking Needs May Littles Long Country Order Interest International Lasting Desirable Emphasis

Author:Friedrich August von Hayek

“To live and work successfully with others requires more than faithfulness to one's concrete aims. It requires an intellectual commitment to a type of order in which, even on issues which to one are fundamental, others are allowed to pursue different ends. It is for this reason that to the liberal neither moral nor religious ideals are proper objects of coercion, while both conservatives and socialists recognize no such limits.”

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“To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.”

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Author:Alan Greenspan

“The more I learn about the evolution of ideas, the more I have become aware that I am simply an unrepentant Old Whig-with the stress on the "old.”

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Author:Friedrich August von Hayek