Quote by Friedrich Hayek
"The test of any theory is whether it can explain the phenomena we observe without requiring us to assume superhuman knowledge."
"The test of any theory is whether it can explain the phenomena we observe without requiring us to assume superhuman knowledge."
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."
"Freedom cannot be preserved without a certain degree of civil order."
"The most powerful principle for the good is human freedom."
"It is the individual who is the ultimate source of all values."