"I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments."
"Our greatest glory is not in never falling, but in rising every time we fall."Friedrich August von Hayek on Confucius
"The dogmas of the quiet past are inadequate to the stormy present. The occasion is piled high with difficulty, and we must rise with the occasion. As our case is new, so we must think anew and act anew."Friedrich August von Hayek on Abraham Lincoln
"A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history."Friedrich August von Hayek on Mahatma Gandhi
"The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little."Friedrich August von Hayek on Franklin D. Roosevelt
"I like the dreams of the future better than the history of the past."Friedrich August von Hayek on Thomas Jefferson
"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."