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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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“When under the pretext of fraternity, the legal code imposes mutual sacrifices on the citizens, human nature is not thereby abrogated. Everyone will then direct his efforts toward contributing little to, and taking much from, the common fund of sacrifices. Now, is it the most unfortunate who gains from this struggle? Certainly not, but rather the most influential and calculating.”

HumansLittlesCommonEffortStruggleSacrificeHuman NatureCitizensGainsDirectCodeFundMutualUnfortunateInfluentialContributingFraternityPretextLife StruggleCalculating
Author:Frederic Bastiat
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“Men naturally rebel against the injustice of which they are victims. Thus, when plunder is organized by law for the profit of those who make the law, all the plundered classes try somehow to enter, by peaceful or revolutionary means, into the making of laws. According to their degree of enlightenment, these plundered classes may propose one of two entirely different purposes when they attempt to attain political power: Either they may wish to stop lawful plunder, or they may wish to share in it.”

MenTryingMayMeanTwoDifferentLawPoliticalPurposeWishClassShareDegreesEnlightenmentVictimInjusticeProfitPeacefulRevolutionaryOrganizedRebelProposePolitical PowerPlunder
Book:The Law
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