F A Hayek Quotes & Sayings

If democracy is a means rather than an end, its limits must be determined in the light of the purpose we want it to serve. — Friedrich August Von Hayek

[I]f one asks what substantive contributions [F. A. Hayek] made to our understanding of how the world works, one is left at something of a loss. Were it not for his politics, he would be virtually forgotten. — Paul Krugman

Here effective competition can be created, it is a better way of guiding individual efforts than any other ... regards competition as superior not only because it is in most circumstances the most efficient method known but even more because it is the only method by which our activities can be adjusted to each other without coercive or arbitrary intervention of authority. — Friedrich August Von Hayek

Among other grand achievements, F. A. Hayek had a remarkable career pointing out the flaws in collectivism. One of his keenest insights was that, paradoxically, any collectivist system necessarily depends on one individual (or small group) to make key social and economic decisions. In contrast, a system based on individualism takes advantage of the aggregate, or 'collective,' information of the whole society; through his actions each participant contributes his own particular, if incomplete, knowledge-information that could never be tapped by the individual at the head of a collectivist state. — Sheldon Richman

We must not forget that ... monetary policy all over the world has followed the advice of the stabilizers. It is high time that their influence, which has already done harm enough, should be overthrown. — Friedrich August Von Hayek

I think if you are young and you have children, you still have so much to prove. When you have children later in life, you lose a bit of that urge for working. — Salma Hayek

If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy. — Kenneth Minogue

We must shed the illusion that we can deliberately 'create the future of mankind' — Friedrich August Von Hayek

[The] impersonal process of the market ... can be neither just nor unjust, because the results are not intended or foreseen. — Friedrich August Von Hayek

Friedrich Hayek made the point that one of the keystones of socialism is the denial of individual responsibility. Thus, the crusade for socialism always included attacks on individual responsibility. For if individuals do not have free will, and are not responsible for their actions, then their lives must be controlled somehow - preferably by the state - according to the socialists. They must be regulated, regimented and controlled - for their own good. — Thomas DiLorenzo

There is no figure who had more of an influence, no person had more of an influence on the intellectuals behind the Iron Curtain than Friedrich Hayek. His books were translated and published by the underground and black market editions, read widely, and undoubtedly influenced the climate of opinion that ultimately brought about the collapse of the Soviet Union. — Milton Friedman

What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves. — Friedrich August Von Hayek

'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded. — Friedrich August Von Hayek

Independence of mind or strength of character is rarely found among those who cannot be confident that they will make their way by their own effort ... Indeed, when security is understood in too absolute a sense, the general striving for it, far from increasing the chances of freedom, becomes the greatest threat to it. — Friedrich August Von Hayek

When you are passionate about life, it keeps you young. Sometimes I wake up at 4:00 am just to see how my roses look. — Salma Hayek

Everybody has a weakness. Mine is food. — Salma Hayek

It may indeed prove to be far the most difficult and not the least important task for human reason rationally to comprehend its own limitations. It is essential for the growth of reason that as individuals we should bow to forces and obey principles which we cannot hope fully to understand, yet on which the advance and even the preservation of civilization depend. — Friedrich August Von Hayek

The task of the political philosopher can only be to influence public opinion, not to organize people for action. He will do so effectively only if he is not concerned with what is now politically possible but consistently defends the "general principles which are always the same." In this sense I doubt whether there can be such a thing as a conservative political philosophy. Conservatism may often be a useful practical maxim, but it does not give us any guiding principles which can influence long-range developments. — Friedrich August Von Hayek

When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself. — Friedrich August Von Hayek

If you look at any other group of people suffering injustice, women are always in the worst situation within that group. — Salma Hayek

F. A. Hayek is probably the most prominent advocate of capitalism in the present period. — Peter L. Berger

If one writing contributed more than any other to the framework in which this work Sowell's Knowledge and Decisions developed, it would be an essay entitled 'The Use of Knowledge in Society,' published in the American Economic Review of September 1945, and written by F. A. Hayek . In this plain and apparently simple essay was a deeply penetrating insight into the way societies function and malfunction, and clues as to why they are so often and so profoundly misunderstood. — Thomas Sowell

Regarding social order, Francis Fukuyama writes, "The systematic study of how order, and thus social capital, can emerge in spontaneous and decentralized fashion is one of the most important intellectual developments of the late twentieth century." He correctly attributes the modern origins of this argument to F. A. Hayek, whose pioneering contributions to cognitive science, the study of cultural evolution, and the dynamics of social change put him in the forefront of the most creative scholars of the 20th century. — Douglass North

Most people are oblivious to F.A. Hayek's insight that the critical information needed to run an economy - or even 15 percent of one - doesn't exist in any one place where it is accessible to central planners. Instead, it is scattered piecemeal among millions of people. All those people put together are far wiser and better informed than Congress could ever be. Only markets - private property, free exchange and the price system - can put this knowledge at the disposal of entrepreneurs and consumers, ensuring the system will serve the people and not just the political class. — John Stossel

I was privileged to grow up in Mexico at a time when you could play in the streets. We lived not too far from the ocean, and we would be outside all the time with the neighbours' kids, running free. What better place could there be for a child? — Salma Hayek

Make yourself smell nice. I even wear perfume sometimes when I'm alone. — Salma Hayek

There is no answer in the available literature to the question why a government monopoly of the provision of money is universally regarded as indispensable ... It has the defects of all monopolies. — Friedrich Hayek

I realize now that I've hoped to be great - as an actress, as a mother - because I want to embody the greatness of women who didn't get to be all they could have been. Their dignity, their courage, and their brilliance make me strive to be better. They're a part of me. — Salma Hayek

If freedom is to flourish the philosophic foundations of a free society must be kept a living intellectual issue and its implementation a task which challenges the ingenuity and imagination of the liveliest minds. — Friedrich August Von Hayek

I'm a natural blonde. But when I started acting, I would go to auditions and they didn't know where to put me because I was voluptuous and had the accent, but I had blonde hair. It was ignorance: they thought every Latin person looks like Salma Hayek. — Sofia Vergara

Conservatism, though a necessary element in any stable society, is not a social program; in its paternalistic, nationalistic and power adoring tendencies it is often closer to socialism than true liberalism; and with its traditionalistic, anti-intellectual, and often mystical propensities it will never, except in short periods of disillusionment, appeal to the young and all those others who believe that some changes are desirable if this world is to become a better place. — Friedrich August Von Hayek

Whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made to prevail by force if need be, it is less wasteful to determine which has the stronger support by counting numbers than by fighting. — Friedrich August Von Hayek

We can unfortunately not indefinitely extend the sphere of common action and still leave the individual free in his own sphere. Once the communal sector, in which the state controls all the means, exceeds a certain proportion of the whole, the effects of its actions dominate the whole system. Although the state controls directly the use of only a large part of the available resources, the effects of its decisions on the remaining part of the economic system become so great that indirectly it controls almost everything. — Friedrich Hayek

There can be little doubt that man owes some of his greatest successes in the past to the fact that he has not been able to control social life. His continued advance may well depend on his deliberately refraining from exercising controls which are now in his power. — Friedrich August Von Hayek

In the first place, it's surreal to watch filming, to see the little ideas you had in your head and now Taylor Kitsch is doing it, or Salma Hayek. And then to see it loud and bright onscreen is a trip. — Don Winslow

When we, in the communist countries, came across the ideas of Hayek and Aron, we had no problems to understand their importance. They gave us the much needed explanation of the somewhat peculiar prominence of intellectuals in our own society of that time. Our intellectuals, of course, did not like to hear it and did not want to recognize it because their peculiar prominence coexisted with the very debilitating absence of intellectual freedom, which the intellectuals value very highly. — Vaclav Klaus

The mind can never foresee its own advance — Friedrich A. Hayek

The fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others. — Milton Friedman

They offered me that film before I did Frida and I said, no, I'm not capable of directing. Then after seeing Julie direct, I was inspired by it. She motivated me to do it, because we don't have role models as woman for directors. — Salma Hayek

The Germans would appear as the disturbers of peace, as they already do to some people, merely because they were the first to take the path along which all the others were ultimately to follow. — Friedrich August Von Hayek

The views of intellectuals influence the politics of tomorrow ... What to the contemporary observer appears as the battle of conflicting interests has indeed often been described long before in a clash of ideas confined to narrow circles. — Friedrich Hayek

If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most of those who will retire at the end of the century will be dependent on the charity of the younger generation. And ultimately not morals but the fact that the young supply the police and the army will decide the issue: concentration camps for the aged unable to maintain themselves are likely to be the fate of an old generation whose income is entirely dependent on coercing the young. — Friedrich August Von Hayek

Intellects whose desires have outstripped their understanding. — Friedrich August Von Hayek

I keep waiting to meet a man who has more balls than I do. — Salma Hayek