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Friedrich August von Hayek Quotes: If socialists understood economics, they wouldn't be socialist.
         

If socialists understood economics, they wouldn't be socialist.


Friedrich August von Hayek
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"Friedrich August von Hayek Quotes." Quoteslyfe.com, 2024. Thu. 25 Apr. 2024. <https://www.quoteslyfe.com/quote/If-socialists-understood-economics-they-wouldn-t-591347>.





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Other quotes of Friedrich August von Hayek


The idea of social justice is that the state should treat different people unequally in order to make them equal.

The idea of social justice is that the state should treat different people unequally in order to make them equal.



There is all the difference in the world between treating people equally and attempting to make them equal.

There is all the difference in the world between treating people equally and attempting to make them equal.



'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.

'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.



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

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



[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.



In government, the scum rises to the top.

In government, the scum rises to the top.



Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.

Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.



The more the state "plans" the more difficult planning becomes for the individual.

The more the state "plans" the more difficult planning becomes for the individual.



It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.

It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.



The chief evil is unlimited government, and nobody is qualified to wield unlimited power.

The chief evil is unlimited government, and nobody is qualified to wield unlimited power.





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Successful people use failures to sharpen their intuition by acknowledging mistakes for what they truly are - feedback.

Successful people use failures to sharpen their intuition by acknowledging mistakes for what they truly are - feedback.



When you incorporate giving into your business in an authentic and transparent way, your customers become your best marketers.

When you incorporate giving into your business in an authentic and transparent way, your customers become your best marketers.



Forgive me if I sleep until I wake up.

Forgive me if I sleep until I wake up.



Full is the earth of the superfluous; marred is life by the many-too-many. May they be decoyed out of this life by the "life eternal"!

Full is the earth of the superfluous; marred is life by the many-too-many. May they be decoyed out of this life by the "life eternal"!



Connecting with people is not hard. I love the interaction and the feedback after shows. It does take some time, but the fans appreciate it which makes it worth it.

Connecting with people is not hard. I love the interaction and the feedback after shows. It does take some time, but the fans appreciate it which makes it worth it.



I've never been in style, so I can't go out of style.

I've never been in style, so I can't go out of style.



In the scientific community you find competent teachers and original researchers, just as in the musical community you find many good performers but very few good composers.

In the scientific community you find competent teachers and original researchers, just as in the musical community you find many good performers but very few good composers.



You can't pick and choose the days that you feel like being responsible. It's not something that disappears when you're tired.

You can't pick and choose the days that you feel like being responsible. It's not something that disappears when you're tired.



Someone once bought me loads of clothes from a charity shop - and sent them to me in a black bin liner. That was weird. I went through it and it was full of bizarre outfits like Abba costumes.

Someone once bought me loads of clothes from a charity shop - and sent them to me in a black bin liner. That was weird. I went through it and it was full of bizarre outfits like Abba costumes.




Quote Description


This page presents the quote "If socialists understood economics, they wouldn't be socialist.". Author of this quote is Friedrich August von Hayek. This quote is about understood, socialist, economics, politics,.