Quotations by Hayek, Friedrich


Liberty not only means that the individual as both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions.  … Liberty and responsibility are inseparable.

Friedrich A. Hayek (1899-1992) Austrian-born economist and philosopher
The Constitution of Liberty, 5.1 (1960)
Added on 4-Jul-11 | Last updated 4-Jul-11
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Conservatism, though a necessary element in any stable society, is not a social program; in its paternalistic, nationalistic, and power-adoring tendencies it is often closer to socialism than true liberalism; and with its traditionalistic, anti-intellectual, and often mystical propensities it will never, except in short periods of disillusionment, appeal to the young and all those others who believe that some changes are desirable if this world is to become a better place.

Friedrich A. Hayek (1899-1992) Austrian-born economist and philosopher
The Road to Serfdom (1944)
Added on 28-Sep-10 | Last updated 28-Sep-10
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Responsibility, not to a superior, but to one’s conscience, the awareness of a duty not exacted by compulsion, the necessity to decide which of the things one values are to be sacrificed to others, and to bear the consequences of one’s own decision, are the very essence of any morals which deserve the name.

Friedrich A. Hayek (1899-1992) Austrian-born economist and philosopher
The Road to Serfdom, ch. 14 (1944)
Added on 19-Nov-12 | Last updated 19-Nov-12
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From the saintly and single-minded idealist to the fanatic is often but a step.

Friedrich A. Hayek (1899-1992) Austrian-born economist and philosopher
The Road to Serfdom, ch. 4 (1944)
Added on 13-Dec-10 | Last updated 13-Dec-10
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