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"To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm."
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"Communism has never come to power in a country that was not disrupted by war or corruption, or both."
"The prayer of a righteous man avails much."
"If all mankind minus one were of one opinion, mankind would be no more justified in silencing that one person than he, if he had the power, would be justified in silencing mankind."
"People having victimhood attract imperious and authoritative individuals in their life."
"The trouble with her is that she lacks the power of conversation but not the power of speech."
Explore more quotes by Friedrich August von Hayek
"He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants."
"Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one's government is not necessarily to secure freedom."
"We know: of course, with regard to the market and similar social structures, a great many facts which we cannot measure and on which indeed we have only some very imprecise and general information."
"We have indeed at the moment little cause for pride: as a profession we have made a mess of things."
"I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general character of a pattern even where we are ignorant of the numerical values which will determine its particular manifestation."
"It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes of the events which occur in the real world."
"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"
"'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded."
"This means that to entrust to science - or to deliberate control according to scientific principles - more than scientific method can achieve may have deplorable effects."
"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."
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