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Friedrich Hayek - The Constitution of Liberty (1960)

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It is because freedom means the renunciation of direct control of individual efforts that a free society can make use of so much more knowledge than the mind of the wisest ruler could comprehend.

Friedrich Hayek
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Civilization enables us constantly to profit from knowledge which we individually do not possess and because each individual's use of his particular knowledge may serve to assist others unknown to him in achieving their ends that men as members of civilized society can pursue their individual ends so much more successfully than they could alone.

Friedrich Hayek
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If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.

Friedrich Hayek
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From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time

Friedrich Hayek
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The person who makes a success of living is the one who sees his goal steadily and aims for it unswervingly. That is dedication.
Cecil B. De Mille

Friedrich Hayek

Friedrich Hayek

Born: May 8, 1899
Died: March 23, 1992 (aged 92)
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