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To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.


Friedrich August von Hayek


#belief #enable #entirely #fact #harm

I'm good at working, but I'm very good at playing.


Salma Hayek


#i #playing #very #working

When a man is no longer anxious to do better than well, he is done for.


Benjamin Haydon


#better #done #longer #man #than

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


Friedrich August von Hayek


#fact #freedom #full #incompatible #individual

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 August von Hayek


#desirability #essential #free #free society #justification

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.


Friedrich August von Hayek


#appropriate #craftsman #cultivate #does #environment

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.


Friedrich August von Hayek


#allows #character #describe #determine #equations

It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.


Friedrich August von Hayek


#best #ends #how #importance #individuals

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.


Friedrich August von Hayek


#arrived #certain #conviction #crucial #discuss

We shall not grow wiser before we learn that much that we have done was very foolish.


Friedrich August von Hayek


#done #foolish #grow #learn #much






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