Quote by: Friedrich Hayek

Our faith in freedom does not rest on the foreseeable results in particular circumstances but on the belief that it will, on balance, release more forces for the good than for the bad.


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Author Bio


  • NameFriedrich Hayek
  • DescriptionBritish economist and Nobel Prize for Economics laureate
  • AliasesFriedrich August von Hayek
  • BornMay 8, 1899
  • DiedMarch 23, 1992
  • CountryAustria
  • ProfessionEconomist; Philosopher; Historian; Political Scientist
  • AwardsGuggenheim Fellowship; Order Of Merit Of Baden-Württemberg; Ring Of Honour Of The City Wien; Presidential Medal Of Freedom; Order Of Merit For Arts And Science; Hanns Martin Schleyer Prize