260 Quotes by Friedrich August von Hayek

I was quite depressed two weeks ago when I spent an afternoon at Brentano’s Bookshop in New York and was looking at the kind of books most people read. Once you see that you lose all hope.

Wherever liberty as we understand it has been destroyed, this has almost always been done in the name of some new freedom promised to the people.

All political theories assume, of course, that most individuals are very ignorant. Those who plead for liberty differ from the rest in that they include among the ignorant themselves as well as the wisest.

The idea that human kind can shape the world according to wish is what I call the fatal conceit.

To discover the meaning of what is called “social justice” has been one of my chief preoccupations for more than 10 years. I have failed in this endeavour or rather, have reached the conclusion that, with reference to society of free men, the phrase has no meaning whatever.

It used to be the boast of free men that, so long as they kept within the bounds of the known law, there was no need to ask anybody’s permission or to obey anybody’s orders. It is doubtful whether any of us can make this claim today.

It seems to be almost a law of human nature that it is easier for people to agree on a negative program – on the hatred of an enemy, on the envy of those better off – than on any positive task.

Intellects whose desires have outstripped their understanding.