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.

Next quotes

• Friedrich August von Hayek:

  Intellects whose desires have outstripped their understanding.

• Friedrich August von Hayek:

  It seems to me that socialists today can preserve their position in academic economics merely by th

• Friedrich August von Hayek:

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

• Friedrich August von Hayek:

  It is rather a problem of how to secure the best use of resources known to any of the members of so

• Friedrich August von Hayek:

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

• Friedrich August von Hayek:

  It can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admit

• Friedrich August von Hayek:

  We know: of course, with regard to the market and similar social structures, a great many facts whi

• Friedrich August von Hayek:

  We know, in other words, the general conditions in which what we call, somewhat misleadingly, an eq

• Friedrich August von Hayek:

  Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the

• Friedrich August von Hayek:

  I regard it in fact as the great advantage of the mathematical technique that it allows us to descr