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Quote by Friedrich August von Hayek

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Friedrich August von Hayek
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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“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.”

“In on summer they have done their business... they have completely pulled down to the ground their monarchy, their church, their nobility, their law, their revenue, their army, their navy, their commerce, their arts, and their manufactures... destroyed all balances and counterpoises which serve to fix a state and give it steady direction, and then they melted down the whole into one incongrous mass of mob and democracy... the people, along with their political servitude, have thrown off the yoke of law and morals.”

“We are in a war of a peculiar nature. It is not with an ordinary community, which is hostile or friendly as passion or as interest may veer about: not with a state which makes war through wantonness, and abandons it through lassitude. We are at war with a system, which by its essence, is inimical to all other governments, and which makes peace or war, as peace and war may best contribute to their subversion. It is with an armed doctrine that we are at war. It has, by its essence, a faction of opinion, and of interest, and of enthusiasm, in every country.”