Friedrich A. Hayek said this quote

“ Our hopes of avoiding the fate which threatens must...[be to make]adjustments that will be needed if we are to recover and surpass our former standards...and only if every one of us is ready to individually obey the necessities of readjustment shall we be able to get through a difficult period as free men who can choose their own way of life. Let a uniform minimum be secured to everybody by all means, but let us admit at the same time that with this assurance of a basic minimum all claims for a privileged security for particular classes must lapse.... ”

Famous Quotes of Friedrich A. Hayek

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Our faith in freedom does not rest on the foreseeable results in particular circumstances but on the belief that it will, on balance, release more forces for the good than for the bad.

~ Friedrich A. Hayek

It is because every individual knows little and, in particular, because we rarely know which of us knows best best that we trust the independent and competitive efforts of many to induce the emergence of what we shall want when we see it.

~ Friedrich A. Hayek

Freedom necessarily means that many things will be done which we do not like.

~ Friedrich A. Hayek

I was quite depressed two weeks ago when I spent an afternoon at Brentano's Bookshop in New York and was looking at the kind of books most people read. Once you see that you lose all hope.

~ Friedrich A. Hayek