August Friedrich von Hayek, Nobel Memorial Prize, Economic Sciences (1974)
Quotes:
“There is all the difference in the world between treating people equally and attempting to make them equal.”
“Through the inevitable mismanagement of resources and goods at the disposal of the state, all forms of collectivism lead eventually to tyranny.”
“Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.”
“Few are ready to recognize that the rise of fascism and Nazism was not a reaction against the socialist trends of the preceding period but a necessary outcome of those tendencies.”
F.A Hayek, The Road to Serfdom — The End of Truth:
“…even the striving for equality by means of a directed economy can result only in an officially enforced inequality—an authoritarian determination of the status of each individual in the new hierarchical order—and that most of the humanitarian elements of our morals, the respect for human life, for the weak, and for the individual generally, will disappear….
The moral consequences of totalitarian propaganda which we must now consider are, however, of an even more profound kind. They are destructive of all morals because they undermine one of the foundations of all morals: the sense of and the respect for truth.”