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 August von HayekMoney is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man, a range greater than that which not many generations ago was open to the wealthy
Friedrich August von HayekA claim for equality of material position can be met only by a government with totalitarian powers.
Friedrich August von Hayek