Friedrich Hayek

"The true liberal believes in the sanctity of the individual conscience."

"Expertise is no excuse for tyranny, however benevolent."

"The evolution of market society was not a deliberate design but an unplanned discovery."

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

"Planning and competition can be combined only by planning for competition, not planning against competition."

"The most important thing to understand about freedom is that it requires the absence of coercion."

"Prices are the means by which the knowledge of the circumstances of the moment is communicated."

"To assume that such knowledge is given to the planner in concentrated or 'integrated' form is to assume away the main problem."

"The great achievement of Western civilization has been the rule of law."

"Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he bears the consequences of his actions."

"Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues."

"The argument for democracy is not an argument for unlimited majority rule but rather for limited government."

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

"True tolerance requires the acceptance of others even when we believe them to be mistaken."

"The curious mind is the most powerful tool for understanding reality."

"Economic freedom is essential to political freedom and human dignity."

"Ideas have consequences, and bad ideas can take generations to overcome."

"The businessman who loudly proclaims his patriotism while seeking government favors should be viewed with suspicion."

"Knowledge of how society works is not something that can be created from scratch by the planner."

"Those who have come to expect the state to solve all their problems are unlikely to solve any themselves."

"The fatal conceit is the idea that man is able to shape the world around him according to his wishes."

"In a free society, the state serves the citizens, not the reverse."

"Altruism directed by force is merely coercion."

"The division of knowledge and labor is more complex than any individual could comprehend."

"True equality under law requires limiting government power."

"The unintended consequences of policy often exceed the intended ones."

"To choose one's government is not to be free; to limit government's power is."

"Market prices communicate information far more efficiently than any central authority could."

"The pursuit of security through government coercion inevitably leads to the loss of both security and freedom."

"Inflation is a form of taxation without representation."