Friedrich Hayek Quotes


At times it is necessary for a country to have, for a time, some form or other of dictatorial power..


Context

This is the argument—an essence of Fascism—of every dictator from Julius Caesar onward. See {640792} for more of his views on dictators.


Citations

Friedrich A. Hayek, 1899-1992, Austrian Economist and Political Philosopher, Nobel Laureate in Economics, Interview in El Mercurio, 1981

Sourced by: Eigen's Political and Historical Quotations

Linked Quotes

Essentially, this was the claim of many of the supporters of Fascists who claim liberal values like Mussolini. See {640793} for more of Hayek’s views on dictators.


Related Quotes
Friedrich Hayek
Friedrich Hayek
  • Born: May 8, 1899
  • Died: March 23, 1992
  • Nationality: Austrian
  • Profession: Economist

Friedrich August von Hayek CH FBA, often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher who is best known for his defence of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for his "pioneering work in the theory of money and economic fluctuations and [...] penetrating analysis of the interdependence of economic, social and institutional phenomena". His account of how changing prices communicate information that helps individuals co-ordinate their plans is widely regarded as an important achievement in economics, leading to his Nobel Prize.