#it

A claim for equality of material position can be met only by a government with totalitarian powers. ↗

— Friedrich August von Hayek

#equality #government #material #met #only

Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order. ↗

— Friedrich August von Hayek

#determination #directed #each #economy #enforced

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

Our moral traditions developed concurrently with our reason, not as its product. ↗

— Friedrich August von Hayek

#developed #moral #our #product #reason

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

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. ↗

— Friedrich August von Hayek

#arbitrarily #causes #demand #denied #events

The credit which the apparent conformity with recognized scientific standards can gain for seemingly simple but false theories may, as the present instance shows, have grave consequences. ↗

— Friedrich August von Hayek

#conformity #consequences #credit #false #gain

The progress of the natural sciences in modern times has of course so much exceeded all expectations that any suggestion that there may be some limits to it is bound to arouse suspicion. ↗

— Friedrich August von Hayek

#arouse #bound #course #exceeded #expectations

We have indeed at the moment little cause for pride: as a profession we have made a mess of things. ↗

— Friedrich August von Hayek

#indeed #little #made #mess #moment

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. ↗

— Friedrich August von Hayek

#bring #call #conditions #equilibrium #establish