Famous Quotes from ...

Friedrich August Hayek



    There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess

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

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    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.

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