A Quote by Friedrich August von Hayek

..where effective competition can be created, it is a better way of guiding individual efforts than any other... regards competition as superior not only because it is in most circumstances the most efficient method known but even more because it is the only method by which our activities can be adjusted to each other without coercive or arbitrary intervention of authority.

Friedrich August von Hayek

Quote Topics

Activities Any Arbitrary Authority Because Better Better Way Circumstances Competition Created Each Effective Efficient Efforts Even Guiding Individual Individual Effort Intervention Known Method More Most Only Other Our Regards Superior Than Way Which Without

Quote Author

Friedrich August von Hayek
Austrian - Economist
May 8, 1899 - March 23, 1992

Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire more capital to increase their production still further; those who are least successful will be forced out of the field. So capitalist production tends constantly to be drawn into the hands of the most efficient.

Henry Hazlitt

We've always had each other's backs in and out of competition. We support each other the most because we're the only ones that know what it's like to go through what we do, and so we can't be more thankful for each other. We're like sisters.

Simone Biles

People always say there is competition in nature, but I think that because we are human, it's not only competition. Because we are human we have something other than competition - sharing, helping others, or being oneself. Competition is really kind of ugly.

Michel Gondry

I'm just wondering if this is the most effective method to bring about change. So I'm more inclined to withhold some of my opinions, and not even be involved in any demonstrations of any sort and just really try to figure out a method that I feel is more potent.

Mr. Lif

We are resolved that the method of consultation shall be the method adopted to deal with any other questions that may concern our two countries, and we are determined to continue our efforts to remove possible sources of difference, and thus to contribute to assure the peace of Europe.

Neville Chamberlain

The kind of society which we still have is maybe, in some cases, getting worse. Competition is becoming a virtue. Intense competition drives people to go more and more into self-interest. Even to see other folks as competition.

Major Owens

Reason cannot desire for man any condition other than that in which not only every individual enjoys the most absolute, unbounded freedom to develop himself out of himself, in true individuality, but in which physical nature, as well, need receive no other shaping by human hands than that which is given to her voluntarily by each individual, according to the measure of his wants and his inclinations, restricted only by the limits of his energy and his rights.

Wilhelm von Humboldt

Method means that arrangement of subject matter which makes it most effective in use. Never is method something outside of the material.

John Dewey

Because war is a competition involving life and death, and in which national security and vital interests are at stake, establishing an objective other than winning is not only counterproductive, but also irresponsible and wasteful. In some circumstances, it is also unethical.

H. R. McMaster

Competition has never been more threatening than it is now. Innovative thinkers challenge the status quo in their organizations. They are often viewed as "troublemakers." They threaten the defenders of the status quo. So competition within an organization can also be brutal. The most effective leaders overcome "the ideology of comfort and the tyranny of custom" by being change agents themselves. They encourage and reward innovative thinking. I have observed that people only resist changes imposed on them by other people.

Rosabeth Moss Kanter

I didn't know about competition or the Olympics until Peggy Fleming won in 1968. My mother looked after all of the competition stuff. I just skated. I didn't really love competition, but that was the only way to get better. You'd see more talent.

Dorothy Hamill

Science, at its core, is simply a method of practical logic that tests hypotheses against experience. Scientism, by contrast, is the worldview and value system that insists that the questions the scientific method can answer are the most important questions human beings can ask, and that the picture of the world yielded by science is a better approximation to reality than any other.

John Michael Greer

Although the problem of transmuting chemical elements into each other is much older than a satisfactory definition of the very concept of chemical element, it is well known that the first and most important step towards its solution was made only nineteen years ago by the late Lord Rutherford, who started the method of the nuclear bombardments.

Enrico Fermi

Either one or the other [analysis or synthesis] may be direct or indirect. The direct procedure is when the point of departure is known-direct synthesis in the elements of geometry. By combining at random simple truths with each other, more complicated ones are deduced from them. This is the method of discovery, the special method of inventions, contrary to popular opinion.

Andre-Marie Ampere

The evidence here, as elsewhere, suggests that education is certainly relevant, but more because better education is associated with general differences in patterns of life than because discrete parts of a lifestyle can be changed. Health-change policies which focus entirely on the individual may be ineffective not only because exposure to health risks is largely involuntary, but also, as this study has shown, because of unwarranted assumptions about the extent to which behaviour can, in these circumstances, be effective in improving health.