Top 80 Hayek Quotes & Sayings

Explore popular Hayek quotes.
Last updated on April 14, 2025.
As a result of the efforts of Hayek .. and the many others who share his general outlook, the idea of a centrally planned and centrally administered economy, so popular in the 1930s and early 1940s, has been discredited.
I thought it would be easy. I thought it'd take me one year to be Salma Hayek.
No one has characterized market mechanisms better than Friedrich von Hayek — © Herbert Simon
No one has characterized market mechanisms better than Friedrich von Hayek
[I]f one asks what substantive contributions [F. A. Hayek] made to our understanding of how the world works, one is left at something of a loss. Were it not for his politics, he would be virtually forgotten.
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.
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.
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.
None of the Bollywood heroines have butts like Salma Hayek and J Lo.
I had a dream that Britney Spears rubbed her breasts in my face and Jennifer Lopez gave me head while Salma Hayek sucked my toes and the Olsen twins videotaped everything. I would have kept dreaming it, too, if I hadn't set off the smoke detector.
Even as I pursued a doctorate in the history of ideas in my native Denmark, I realized I had neither the encyclopedic training nor the passion for cool logic - not to mention the nerve - to follow in the footsteps of classical liberal philosophers and economists such as Robert Nozick, Friedrich Hayek, and Milton Friedman.
[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.
Hayek, in my view, is the leading economic thinker of the 20th century.
I remember when the wave of Jennifer Lopez, Salma Hayek and these beautiful Hispanic women came into light, and I looked up to them and I loved them, but I was like, 'Where are Middle Eastern women?'
Ever read any [Friedrich] Hayek? He's great. The Road To Serfdom is like... I'm not a big political-science reader, but I actually dog-eared my copy. I ended up going back through it and writing a précis, I was so impressed by this book. It's all about what happens when government tries to make everything right.
I'm a natural blonde. But when I started acting, I would go to auditions and they didn't know where to put me because I was voluptuous and had the accent - but I had blonde hair. It was ignorance: they thought every Latin person looks like Salma Hayek.
Hayek became in his later years the dominant intellectual influence of the last quarter of the twentieth century.
You know, Salma Hayek is a great cook, and she's a friend.. She's an amazing cook. If she opened up a restaurant, I would so get in on the coattails.
Growing up with Jennifer Lopez and Salma Hayek - people who were always trying to do something else - I wanted to follow in their footsteps. They gave people a different perspective of how women were supposed to look like and be.
Since the idea that modification of synaptic function can provide a basis for memory arose shortly after the first anatomical description of the synapse a number of models (Hebb 1949 . . Hayek 1952 . . Kendel 1981) have been proposed in which various cognitive activities are represented by combinations of the firing patterns of individual neurons.
No one has characterized market mechanisms better than Friedrich von Hayek.
Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing...
What's the single most important thing to learn from an economics course today? What I tried to leave my students with is the view that the invisible hand is more powerful than the hidden hand. Things will happen in well-organized efforts without direction, controls, plans. That's the consensus among economists. That's the Hayek legacy.
Hayek is amongst the top 2-3 of the all the people who ever influenced me. — © Ronald Reagan
Hayek is amongst the top 2-3 of the all the people who ever influenced me.
Friedrich Hayek is not an important figure in the history of macroeconomics.
F. A. Hayek is probably the most prominent advocate of capitalism in the present period.
The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all of the economists of my generation - Nicky Kaldor , Thomas Balogh, L. K. Jah, Paul Rosenstein-Rodan, the list could be indefinitely extended. The urge to participate (and correct Hayek) was ruthlessly competitive.
The main reasons for dwelling .. on Hayek's model is simply that it has certain properties, absent from most others, that conform exceptionally well to recent neurobiological evidence on memory and that make it particularly suited to the current discourse.
You won’t be able to take your eyes off the next four presenters: Salma Hayek and Penelope Cruz.
The investigation of this problem - How is spontaneous order possible? - is sometimes referred to as the 'Hayek programme'.
Even philosophies who have denounced pseudosciences like psychoanalysis, have condoned pseudoscientific economic theories like neoclassical microeconomics. It is far safer and easier to criticize Freud and Jung than to criticize Milton Friedman and Friedrich Hayek, because the latter are backed by political movements whereas the former are not.
All the general propositions favouring freedom I had .. imbibed at my father's knee or acquired by candle-end reading of Burke and Hayek...
One of the most original and most important ideas advanced by Hayek is the role of the 'division of knowledge' in economic society.
When I found acting, it was my saving grace - still is. That I get paid to do it is remarkable. That I get to meet people like Salma Hayek - one of the most beautiful women I know, with the most magnificent energy - is phenomenal.
Half the time I read Hayek's The Sensory Order with amazement at the extent of his reading and comprehension. He is right most of the time.
Hayek was making us think of the productive process as a process in time, inputs coming before outputs.
where Nietzsche's response to the equation of socialism and morality was to question the value of morality, at least as it had been customarily understood, economists like Mises and Hayek pursued a different path, one Nietzsche would never have dared to take: they made the market the very expression of morality.
It is truly amazing that, with much less neuroscientific knowledge available, Hayek's model comes closer, in some respects, to being neurophysiologically verifiable than those models developed 50 to 60 years after his.
Hebb place the Law of Effect at the synaptic level by proposing a correlation model of synaptic modification similar to that of Hayek (1952). This work was seminal in providing a basis for many subsequent theoretical studies . .
But Friedman seemed to share Friedrich Hayek's extreme and inaccurate view that socialism of the sort that Britain embraced under the old Labour Party was incompatible with democracy, and I don't think that there is a good theoretical or empirical basis for that view. The Road to Serfdom flunks the test of accuracy of prediction!
In the first place, it's surreal to watch filming, to see the little ideas you had in your head and now Taylor Kitsch is doing it, or Salma Hayek. And then to see it loud and bright onscreen is a trip.
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.
The Latinas in this industry are really supportive and stick together. America Ferrera, Gina Rodriguez, Zoe Saldana, and Salma Hayek have all reached out and have helped promote 'Vida,' and it's because they get it. They really are about opening doors. The more there are of us, the more of a movement it will be, and it won't be just tokens.
...in the negative part of Professor's Hayek's thesis there is a great deal of truth. It cannot be said too often - at any rate, it is not being said nearly often enough - that collectivism is not inherently democratic, but, on the contrary, gives to a tyrannical minority such powers as the Spanish Inquisitors never dreamt of.
Hayek made a quite fruitful suggestion, made contemporaneously by the psychologist Donald Hebb, that whatever kind of encounter the sensory system has with the world, a corresponding event between a particular cell in the brain and some other cell carrying the information from the outside word must result in reinforcement of the connection between those cells. These day, this is known as a Hebbian synapse, but von Hayek quite independently came upon the idea. I think the essence of his analysis still remains with us.
[What Hayek] does not see, or will not admit, [is] that a return to "free" competition means for the great mass of people a tyranny probably worse, because more irresponsible, than that of the State. The trouble with competitions is that somebody wins them. Professor Hayek denies that free capitalism necessarily leads to monopoly, but in practice that is where it has led, and since the vast majority of people would far rather have State regimentation than slumps and unemployment, the drift towards collectivism is bound to continue if popular opinion has any say in the matter.
There's just something extraordinary about that Selma Hayek. — © Woody Harrelson
There's just something extraordinary about that Selma Hayek.
.. 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 .
Most theoretical work since the proposals of Hebb (1949) and Hayek (1952) has relied upon particular forms of dependent synaptic rules in which either pre- or postsynaptic change is contingent upon closely occurring events in both neurons taking part in the synapse.
Tied up with his dismissal of natural law is Hayek's continuous, and all-pervasive, attack on reason. Reason is his bete noire, and time and time again, from numerous and even contradictory standpoints, he opposes it.
.. the most intelligent defender of capitalism in the modern period is Friedrich Hayek.
Powerful government tends to draw into it people with bloated egos, people who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, "in government, the scum rises to the top".
It makes me laugh when she says she [Salma Hayek] got offered Selena, which was an outright lie. If that's what she does to get herself publicity than that's her thing.
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.
When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published.
In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent or to reduce transaction costs so that individuals can negotiate freely and we can take advantage of that diffused knowledge of which Friedrich Hayek has told us.
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).
My interest in political philosophy was rather casual until I met Hayek.
. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in which the idea of free-markets succeeded first, and then special events catalyzed a complete change of socio-political policy in countries around the world by Friedrich Hayek's The Road to Serfdom.
I have learned more from Hayek than from any other living thinker, except perhaps Alfred Tarski - but not even excepting Russell. — © Karl Popper
I have learned more from Hayek than from any other living thinker, except perhaps Alfred Tarski - but not even excepting Russell.
I'm a natural blonde. But when I started acting, I would go to auditions and they didn't know where to put me because I was voluptuous and had the accent, but I had blonde hair. It was ignorance: they thought every Latin person looks like Salma Hayek.
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