A Quote by Irving Kristol

.. the most intelligent defender of capitalism in the modern period is Friedrich Hayek.

Irving Kristol

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Capitalism Defender Friedrich Hayek Hayek Intelligent Modern Most Period

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Irving Kristol
American - Editor
January 22, 1920 - September 18, 2009

F. A. Hayek is probably the most prominent advocate of capitalism in the present period.

Peter L. Berger

If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.

Kenneth Minogue

The first proponent of cortical memory networks on a major scale was neither a neuroscientist nor a computer scientist but .. a Viennes economist: Friedrich von Hayek (1899-1992). A man of exceptionally broad knowledge and profound insight into the operation of complex systems, Hayek applied such insight with remarkable success to economics (Nobel Prize, 1974), sociology, political science, jurisprudence, evolutionary theory, psychology, and brain science (Hayek, 1952).

Joaquin Fuster

At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of economics, put it, "To assume all the knowledge to be given to a single mind... is to disregard everything that is important and significant in the real world." Because knowledge is dispersed, power must be as well.

George Gilder

Friedrich Hayek is not an important figure in the history of macroeconomics.

Paul Krugman

No one has characterized market mechanisms better than Friedrich von Hayek.

Herbert A. Simon

No one has characterized market mechanisms better than Friedrich von Hayek

Herbert Simon

The fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others.

Milton Friedman

.. the publication of Friedrich A. von Hayek's The Road to Serfdom in 1944 is rightly seen as the first shot in the intellectual battle that was to turn the tide in favor of conservatism i.e. non-statist liberalism .

E. J. Dionne

If you look underneath the surface of the Tea Party movement, on the other hand, you will find that it is not sophisticated. It's not like these people have read the economist Friedrich August von Hayek.

Karl Rove

As far as I can find, almost no one in the profession - not even luminaries like John Maynard Keynes, Friedrich Hayek, or Irving Fisher - made public statements anticipating the Great Depression.

Robert J. Shiller

I find the Romantic period extraordinarily interesting. My landscapes have connections with Romanticism: at times I feel a real desire for, an attraction to, this period, and some of my pictures are a homage to Caspar David Friedrich.

Gerhard Richter

[Friedrich] Hayek is not protesting that things like child labor and stuff are good. He's just trying to show that when government undertakes to make everything good for everybody, this is what happens. And he addresses it to socialists of all parties.

P. J. O'Rourke

In China the struggle to consolidate the socialist system, the struggle to decide whether socialism or capitalism will prevail, will still take a long historical period. However, we should all realize that the new system of socialism will unquestionably be consolidated. We can assuredly build a socialist state with modern industry, modern agriculture, and modern science and culture.

Mao Zedong

Bear in mind that capitalism is a tiny period of human society. You never really had capitalism, you always had one or another variant of state capitalism.

Noam Chomsky

Those who see Smith as a defender of capitalism - as it existed in Marx's day, or as it exists today - show above all that they are not living in the real world. They are behaving as though the undeveloped form of capitalism Smith studied is still with us.

Allen W. Wood

A Quote by Irving Kristol

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