Home / Quotes / Quote by Friedrich August von Hayek

Quote by Friedrich August von Hayek

“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.”

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

You May Also Like

“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.”

Different Ends Reason Order Religious Moral Issues Objects Type Limits Intellectual Commitment Ideals Aim Fundamentals Pursue Concrete Faithfulness Coercion

Author:Friedrich August von Hayek

“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.”

Success Business Education Communication Succeed Skills Self Improvement Importance Foundation Finance Communication Skills Business Success Literacy Basics Solid Foundation Verbal Communication

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.”

Ideas Evolution Stress

Author:Friedrich August von Hayek

“Even when men approve of the same arrangements, it must be asked whether they approve of them because they exist or because they are desirable in themselves. The common resistance to the collectivist tide should not be allowed to obscure the fact that the belief in integral freedom is based on an essentially forward-looking attitude and not on any nostalgic longing for the past or a romantic admiration for what has been.”

Men Should Has Beens Facts Past Belief Common Attitude Longing Resistance Admiration Tides Arrangements Obscure Desirable Nostalgic

Author:Friedrich August von Hayek

“The conservatives have already accepted a large part of the collectivist creed-a creed that has governed policy for so long that many of its institutions have come to be accepted as a matter of course and have become a source of pride to "conservative" parties who created them. Here the believer in freedom cannot but conflict with the conservative and take an essentially radical position, directed against popular prejudices, entrenched positions, and firmly established privileges. Follies and abuses are no better for having long been established principles of folly.”

“There may be few instances in which the superstition that only measurable magnitudes can be important has done positive harm in the economic field: but the present inflation and employment problems are a very serious one.”

May Important Done Problem Economic Fields Serious Harm Instance Employment Superstitions Inflation Magnitude

Author:Friedrich August von Hayek