Friedrich Hayek Quotes
While an equality of rights under a limited government is possible and an essential condition of individual freedom, a claim for equality of material position can be met only by a government with totalitarian powers.
Hayek, Friedrich A. Law, Legislation and Liberty, Volume 2: The Mirage of Social Justice. University of Chicago Press, 1976, p. 83.
His reference was to his experience as an undergraduate at Dartmouth, which he and associates views as a liberal organization, while others viewed it as a conservative bastion of the establishment.
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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.