Classy Quote logo
  • Home
  • Categories
  • Authors
  • Topics
  • Who said

Hayek Quotes

Hayek quote from classy quote

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order. Yet that decentralization actually leads to more information being taken into account.

~ Friedrich A. Hayek

Friedrich A. Hayek Economics Hayek Socialism
  • Classy Quote

    ClassyQuote has been providing 500000+ famous quotes from 40000+ popular authors to our worldwide community.

  • Other Pages

    • About Us
    • Contact Us
    • Privacy Policy
    • Terms of Use
  • Our Products

    • Chrome Extention
    • Microsoft Edge Add-on
  • Follow Us

    • Facebook
    • Instagram
Copyright © 2025 ClassyQuote. All rights reserved.