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Friedrich August von Hayek Quotes: The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
         

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.


Friedrich August von Hayek
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
         



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Other quotes of Friedrich August von Hayek


The idea of social justice is that the state should treat different people unequally in order to make them equal.

The idea of social justice is that the state should treat different people unequally in order to make them equal.



If socialists understood economics, they wouldn't be socialist.

If socialists understood economics, they wouldn't be socialist.



There is all the difference in the world between treating people equally and attempting to make them equal.

There is all the difference in the world between treating people equally and attempting to make them equal.



'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.

'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.



[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.



In government, the scum rises to the top.

In government, the scum rises to the top.



Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.

Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.



The more the state "plans" the more difficult planning becomes for the individual.

The more the state "plans" the more difficult planning becomes for the individual.



It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.

It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.



The chief evil is unlimited government, and nobody is qualified to wield unlimited power.

The chief evil is unlimited government, and nobody is qualified to wield unlimited power.





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Of all forms of caution, caution in love is perhaps the most fatal to true happiness.

Of all forms of caution, caution in love is perhaps the most fatal to true happiness.



In my dream a burning desireLike the lights from a diamondMake my life ever precious That is my love.

In my dream a burning desireLike the lights from a diamondMake my life ever precious That is my love.



So it is with grief where, if all goes well, can come a strengthening of the inner world, of memory and definition.

So it is with grief where, if all goes well, can come a strengthening of the inner world, of memory and definition.



So then I bid him farewell and walked down the side of the pool leading to the outside entrance where I waited for soph to come down so we could walk home together

So then I bid him farewell and walked down the side of the pool leading to the outside entrance where I waited for soph to come down so we could walk home together



I think men are allowed to be fat and bald and ugly and women aren't. And it's just not - there is no equality there.

I think men are allowed to be fat and bald and ugly and women aren't. And it's just not - there is no equality there.



Be not ashamed of mistakes and thus make them crimes.

Be not ashamed of mistakes and thus make them crimes.



If God answered all of your prayers, would the world look different or just your life?

If God answered all of your prayers, would the world look different or just your life?



And on the Tree of Life, The middle tree and highest there that grew, Sat like a cormorant.

And on the Tree of Life, The middle tree and highest there that grew, Sat like a cormorant.



He stopped what he was doing and pulled out his magic phone. Okay, the phone wasn't magic, but it does things my computer struggles with.

He stopped what he was doing and pulled out his magic phone. Okay, the phone wasn't magic, but it does things my computer struggles with.



There are certain bridges that are not worth crossing, no matter what others think. Loyalty and relationships are important.

There are certain bridges that are not worth crossing, no matter what others think. Loyalty and relationships are important.




Quote Description


This page presents the quote "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.". Author of this quote is Friedrich August von Hayek. This quote is about men, design, economics,.