top of page
.png){kind=small}
"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."
Standard
Customized
Exlpore more Science quotes
"Human psychology is the most mysterious thing in the world."
"Science fiction writers foresee the inevitable, and although problems and catastrophes may be inevitable, solutions are not."
"In our world," said Eustace, "a star is a huge ball of flaming gas."Even in your world, my son, that is not what a star is, but only what it is made of."
"Psychology is more concerned with identifying the degree of mental disorder and less with its cure!"
"A drop of water is not immortal; it can be resolved into oxygen and hydrogen. If, therefore, a drop of water were to maintain that it had a quality of aqueousness which would survive its dissolution we should be inclined to be skeptical. In like manner we know that the brain is not immortal..."
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."
bottom of page