A Quote by Friedrich August von Hayek

I am convinced that if the market system were the result of deliberate human design, and if the people guided by the price changes understood that their decisions have significance far beyond their immediate aims, this mechanism would have been acclaimed as one of the greatest triumphs of the human mind.
Politics are, as it were, the market place and the price mechanism of all social demands - though there is no guarantee that a just price will be struck; and there is nothing spontaneous about politics- it depends on deliberate and continuous activity.
To allow the market mechanism to be the sole director of the fate of human beings and their natural environment....would result in the demolition of society.
If there were no human nature, then there would be nothing for deliberate effort to be applied to. If there were no deliberate effort, then human nature would not be able to beautify itself.
I'm quite convinced in my own mind that those who were arguing that [the need to intervene in Iraq] was a more immediate one than some believed - were I'm sure convinced that they were right on fact, I don't think they were making it up. So as to lying, I don't think it has been established that any lies were told.
The only thing that one really knows about human nature is that it changes. Change is the one quality we can predicate of it. The systems that fail are those that rely on the permanency of human nature, and not on its growth and development. The error of Louis XIV was that he thought human nature would always be the same. The result of his error was the French Revolution. It was an admirable result.
For any exam in history, here is the answer: all human history is the struggle between systems that attempt to shackle the human personality in the name of some intangible good on the one hand and systems that enable and expand the scope of human personality in the pursuit of extremely tangible aims. The American system is the most successful in the world because it harmonizes best with the aims and longings of human personality while allowing the best protection to other personalities.
Every non-Marxist economic theory that treats human and non-human productive inputs as interchangeable assumes that the dehumanisation of human labour is complete. But if it could ever be completed, the result would be the end of capitalism as a system capable of creating and distributing value.
I am convinced that the act of thinking logically cannot possibly be natural to the human mind. If it were, then mathematics would be everybody's easiest course at school and our species would not have taken several millennia to figure out the scientific method.
Our system freed the individual genius of man. Released him to fly as high & as far as his own talent & energy would take him. We allocate resources not by government. decision but by the millions of decisions customers make when they go into the market. place to buy. If something seems too high-priced we buy something else. Thus resources are steered toward those things the people want most at the price they are willing to pay. It may not be a perfect system but it's better than any other that's ever been tried.
If you were to just design the perfect retirement plan, you would own the stock market or you would own the bond market. You would get all the costs or all that you possibly could out of the system. So on an annual basis, if the market went up 8 percent, you would get 7.8 or 7.9 percent.
It is widely accepted and understood that consumer decisions are as much influenced by emotional attachments to a product or service as by factors like price and performance. So why is it that when it comes to most aspects of human transportation, the world still seems to believe people are rational machines?
The optimization of cosmic darkness and of Earth's location within the dark universe that sacrifices neither the material needs of human beings nor their capacity to gain knowledge about the universe reflects masterful engineering at a level far beyond human capability- and even imagination. It testifies of a supernatural, superintelligent, superpowerful, fully deliberate Creator.
Academic Marxists were never going to be convinced that anything that happened in the real world could invalidate their belief system. Utopians of the Right, libertarians are just as convinced that their ideas have yet to be tried and that they would work beautifully if we could only just have a do-over of human history.
In our own time we have seen domination spread over the social landscape to a point where it is beyond all human control. Compared to this stupendous mobilization of materials, of wealth, of human intellect, of human labor for the single goal of domination, all other recent human achievements pale to almost trivial significance. Our art, science, medicine, literature, music and charitable acts seem like mere droppings from a table on which gory feasts on the spoils of conquest have engaged the attention of a system whose appetite for rule is utterly unrestrained.
I am convinced that, because the criminal justice system is run by humans, it is naturally subject to human error. There is no rational basis to believe that this same type of human error will not infect capital murder trials.
Go beyond reason to love - it is safe. It is the only safety. Love all you can, and when you are ready all will be shown to you. The state of mind that most needs enlightenment is the one that sees human beings as needing to be guided or enlightened. The sin that most needs to be loved and forgiven is the state of mind that sees human beings as sinners.
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