He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants. - Friedrich August von Hayek 1 Share Now -
To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm. - Friedrich August von Hayek 2 Share Now -
This means that to entrust to science - or to deliberate control according to scientific principles - more than scientific method can achieve may have deplorable effects. - Friedrich August von Hayek 3 Share Now -
He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants. - Friedrich August von Hayek 4 Share Now -
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - Friedrich August von Hayek 6 Share Now -
The credit which the apparent conformity with recognized scientific standards can gain for seemingly simple but false theories may, as the present instance shows, have grave consequences. - Friedrich August von Hayek 7 Share Now -
To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm. - Friedrich August von Hayek 8 Share Now -
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. - Friedrich August von Hayek 9 Share Now -
A claim for equality of material position can be met only by a government with totalitarian powers. - Friedrich August von Hayek 10 Share Now -