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Quote by Friedrich August von Hayek

“Human envy is certainly not one of the sources of discontent that a free society can eliminate. It is probably one of the essential conditions for the preservation of such a society that we do not countenance envy, not sanction its demands by camouflaging it as social justice, but treat it, in the words of John Stuart Mill, as 'the most anti-social and evil of all passions.'”

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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“Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.”

“The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics it becomes necessarily the supreme rule.”

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Author:Friedrich August von Hayek

“The greatest danger to liberty today comes from the men who are most needed and most powerful in modern government, namely, the efficient expert administrators exclusively concerned with what they regard as the public good.”

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Author:Friedrich August von Hayek

“There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote. It is merely the difference between murder and suicide.”

Source: The Ayn Rand Lexicon: Objectivism from A to Z

“When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.”

Source: Ayn Rand Novel Collection

“One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary.”

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Book:The Voice of Reason: Essays in Objectivist Thought

Source: The Voice of Reason: Essays in Objectivist Thought

“Individual rights are not subject to a public vote; a majority has no right to vote away the rights of a minority.”

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Book:The Virtue of Selfishness

Source: The Virtue of Selfishness

“The end does not justify the means. No one's rights can be secured by the violation of the rights of others.”

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Book:The Ayn Rand Lexicon: Objectivism from A to Z

Source: The Ayn Rand Lexicon: Objectivism from A to Z

“A society that robs an individual of the product of his effort ... is not strictly speaking a society, but a mob held together by institutionalized gang violence.”

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Author:Ayn Rand

“The government's only proper job is to protect individual rights against violence by force or fraud ... to protect men from foreign invaders ... to settle disputes among men according to objective laws ... The greatness of the Founding Fathers was how well they understood this issue and how close some of them came to understanding it perfectly.”