"The more the state "plans" the more difficult planning bec… - F.A. Hayek

"The more the state "plans" the more difficult planning becomes for the individual."

F.A. Hayek

English

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About F.A. Hayek

Friedrich August von Hayek CH (8 May 1899 – 23 March 1992) was an Austrian, later British, economist and philosopher best known for his defense of classical liberalism. In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences (with Gunnar Myrdal) for his "pioneering work in the theory of money and economic fluctuations and … penetrating analysis of the interdependence of economic, social and institutional phenomena". (Nobel Memorial Prize, 1974)

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Friedrich Hayek Thomas Sowell Milton Friedman John Stuart Mill Ludwig von Mises

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The dispute about socialism has thus become largely a dispute about means and not about ends — although the question whether the different ends of socialism can be simultaneously achieved is also involved.

One need not be a prophet to be aware of impending dangers. An accidental combination of experience and interest will often reveal events to one man under aspects which few yet see.

The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics it becomes necessarily the supreme rule.

"The more the state "plans" the more difficult planning becomes for the individual." - F.A. Hayek

About F.A. Hayek

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