Friedrich Hayek Quote

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.


The Road to Serfdom (ed. Inst of Economic Affairs, 1945)

Picture Quote 1

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.

Picture Quote 2

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.

Picture Quote 3

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.

Picture Quote 4

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.