Friedrich A. Hayek quotes

“It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.”

“I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.”

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

“We shall not grow wiser before we learn that much that we have done was very foolish.”