As is true with respect to other great evils, the measures by which war might be made altogether impossible for the future may well be worse than even war itself.
Friedrich August von HayekTo combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about.
Friedrich August von HayekIt can hardly be denied that such a demand quite arbitrarily limits the facts which are to be admitted as possible causes of the events which occur in the real world.
Friedrich August von HayekTo be controlled in our economic pursuits means to be controlled in everything.
Friedrich August von HayekUnlike liberalism, with its fundamental belief in the long-range power of ideas, conservatism is bound by the stock of ideas inherited at a given time. And since it does not really believe in the power of argument, its last resort is generally a claim to superior wisdom, based on some self-arrogated superior quality.
Friedrich August von Hayek