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If socialists understood economics, they wouldn’t be socialist. | Friedrich August von Hayek quote HD Wallpaper

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If socialists understood economics, they wouldn’t be socialist. | Friedrich August von Hayek quote HD Wallpaper

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If socialists understood economics, they wouldn’t be socialist. (Friedrich August von Hayek)

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By giving the government unlimited powers, the most arbitrary rule can be made legal; and in this way a democracy may set up the most complete despotism imaginable. | Friedrich August von Hayek quote

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess. | Friedrich August von Hayek quote

Through the inevitable mismanagement of resources and goods at the disposal of the state, all forms of collectivism lead eventually to tyranny. | Friedrich August von Hayek quote

Once wide coercive powers are given to governmental agencies for particular purposes, such powers cannot be effectively controlled by democratic assemblies. | Friedrich August von Hayek quote

We must make the building of a free society once more an intellectual adventure, a deed of courage. | Friedrich August von Hayek quote

The chief evil is unlimited government, and nobody is qualified to wield unlimited power. | Friedrich August von Hayek quote

Fascism is the stage reached after communism has proved an illusion. | Friedrich August von Hayek quote

We must raise and train an army of fighters for freedom. | Friedrich August von Hayek quote