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Quotes by Friedrich August Von Hayek
- 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.
- If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.
- 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.
- It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.
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