Friedrich Hayek Quotes

Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions and will receive praise or blame for them. — Friedrich Hayek

The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better. — Friedrich Hayek

To be controlled in our economic pursuits means to be controlled in everything — Friedrich Hayek

The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those who do not. — Friedrich Hayek