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
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More quotes by Friedrich August von Hayek
- A claim for equality of material position can be met only by a government with totalitarian powers.
- 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.
- Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one's government is not necessarily to secure freedom.
- Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.
- We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.