Quote by Friedrich Hayek
"When all decisions are centralized, innovation ceases because the incentive to improve disappears."
More from Friedrich Hayek
"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."