Friedrich Hayek

"The division of labor has made possible the flourishing of civilization itself"

"Inflation is taxation without representation of the worst sort"

"The most important lesson economics teaches is humility about our own knowledge"

"Order without design emerges from the interactions of free individuals"

"The beauty of market systems lies in their ability to coordinate millions of decisions without central direction"

"What appears as chaos in free markets is actually a sophisticated ordering mechanism"

"Those who believe they can design a better society usually end up designing tyranny"

"The principle of individual responsibility is the foundation of all prosperity"

"Economic freedom is a prerequisite for all other freedoms"

"The bureaucrat who follows rules is often more dangerous than the one who breaks them"

"Socialism requires a level of knowledge no individual or group can possibly possess"

"The road to serfdom is paved with good intentions and centralized power"

"Our civilization depends on the extended order created by voluntary exchange"

"The profit motive is not greed but the signal system that coordinates economic activity"

"Freedom requires eternal vigilance against those who would concentrate power"

"Moral progress requires understanding that unintended consequences are inevitable"

"The invisible hand works through dispersed knowledge that no central authority could gather"

"To grant government the power to improve society is to grant it the power to harm society"

"Patience with gradual improvement is preferable to revolutionary upheaval"

"The most valuable knowledge is often that which cannot be articulated or taught"

"Individual initiative, not collective planning, has created human progress"

"Money is the most important communication system we have for coordinating behavior"

"Happiness comes not from what government provides but from what we achieve ourselves"

"The strength of free societies lies in their tolerance of diverse views"

"Those who refuse to accept that others know better reveal their own wisdom"

"The dream of equality has often become the nightmare of uniformity"

"Justice requires respecting property rights as much as personal rights"

"The test of a free society is not its comfort but its willingness to tolerate dissent"

"Economic laws are not like traffic laws that can be arbitrarily changed"

"Inflation punishes those least able to protect themselves"