I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general character of a pattern even where we are ignorant of the numerical values which will determine its particular manifestation.
Friedrich August von HayekTo be controlled in our economic pursuits means to be controlled in everything.
Friedrich August von HayekWe shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may prevent its use for desirable purposes.
Friedrich August von HayekFreedom can be preserved only if it is treated as a supreme principle which must not be sacrificed for particular advantages.
Friedrich August von HayekIf the resources of different nations are treated as exclusive properties of these nations as wholes, if international economic relations, instead of being relations between individuals, become increasingly relations between whole nations organized as trading bodies, they inevitably become the source of friction and envy between whole nations.
Friedrich August von Hayek