Friedrich Hayek

Once wide coercive powers are given to government agencies…such powers cannot be effectively controlled.

If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.

Economic control…is the control of the means for all our ends. And whoever has control of the means must also determine which ends are to be served.

The argument for liberty is…an argument…against the use of coercion to prevent others from doing better.

Under the Rule of Law…the individual is free to pursue his personal ends and desires, certain that the powers of government will not be used deliberately to frustrate his efforts.

The case for individual freedom rests largely upon the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.

Thieves must sit in prison.

Latin America has, to a significant extent, liberated itself from foreign-meaning mostly U.S.-domination in the past 10 or 15 years. That’s a dramatic development in world affairs. It’s the first time in 500 years. It’s a big change.

The female brain matures at maybe eighteen or so. The male brain doesn’t mature about until mid-twenties. In fact in some countries like Canada they’re thinking of treating young men in their early twenties as juveniles, because that’s basically what they are.

The kind of work that should be the main part of life is the kind of work you would want to do if you weren’t being paid for it. It’s work that comes out of your own internal needs, interests and concerns.

We believe that Lebanon has been the first real experience for all the Arabs.

Millions around the world increasingly see America not as a model of democracy but as relying solely on brute force, cobbling coalitions together under the slogan, ‘You’re either with us or against us.’

Business power is very far from benign and it’s completely unaccountable. It’s a totalitarian system that has an enormous effect on our lives. It’s also the main reason why the government isn’t benign.

[Trump] will do the things that are necessary to make that happen because he’s got an ego like all the rest of us, and he wants to be the greatest president, and he knows that he can’t be the greatest president without the acceptance of the black community. So it’s something he’s gonna work towards, but we’re gonna have to speak to him.

Europeans are dying out. Don’t you understand that? And same-sex marriages don’t produce children. Do you want to survive by drawing migrants? But society cannot adapt so many migrants.

I hold it to be… a detestable maxim that, politically speaking, the people have a right to do anything.

By the autumn of this year, additional measures should be introduced which will stabilize the situation on the market.

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

According to what you’re taught in economics courses, our system is based on free markets with entrepreneurial initiative and rational choices by informed consumers. Well, the reality is radically different.

Now there were restrictions in the laws on campaign funding, but they’ve been slowly eroded. Citizens United pretty much dispensed with them. There’s still some limitations but not much.

Discovery is the ability to be puzzled by simple things.