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Friedrich August von Hayek

"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."

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"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."

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Amber Hurdle

"It takes grace to be a great soul."

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Personal Development

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Amber Hurdle

"It is better to act right than seek right."

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Personal Development

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Amber Hurdle

"If you know how it's to be treated unfairly, you will be gentle with others."

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Personal Development

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Amber Hurdle

"Lack of courage leads to cruelty."

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Amber Hurdle

"Every soul is a soul. It is the motives, deeds and actions that define the personality of each soul."

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Amber Hurdle

"Most of your problems exist because your heart is hard and you are being arrogant."

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Amber Hurdle

"Imitate the traits of your creator."

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Amber Hurdle

"A man is known his deeds."

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Amber Hurdle

"If you treat yourself well, you will be good to others."

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Amber Hurdle

"Scripture said that "pride goes before fall". Just let pride go alone. Don't go in its company, else fall pursues both of you!"

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Friedrich August von Hayek
"We have indeed at the moment little cause for pride: as a profession we have made a mess of things."

Cause

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Friedrich August von Hayek
"We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice."

Fact

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Friedrich August von Hayek
"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?"

Economy

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Friedrich August von Hayek
"I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions."

Time

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Friedrich August von Hayek
"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."

Economy

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Friedrich August von Hayek
"Our moral traditions developed concurrently with our reason, not as its product."

Reason

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Friedrich August von Hayek
"It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide."

Science

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Friedrich August von Hayek
"Intellects whose desires have outstripped their understanding."

Intelligence

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Friedrich August von Hayek
"The mind cannot foresee its own advance."

Mind

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Friedrich August von Hayek
"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."

Fact

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