There is perhaps no single factor contributing so much to people's frequent reluctance to let the market work … - Friedrich August von Hayek

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As we lay hold upon the truth of God, its influence must affect us. It must elevate us. It must remove from us every imperfection.

Friedrich August von Hayek

There is perhaps no single factor contributing so much to people's frequent reluctance to let the market work as their inability to conceive how some necessary balance, between demand and supply, between exports and imports, or the like, will be brought about without deliberate control. The conservative feels safe and content only if he is assured that some higher wisdom watches and supervises change, only if he knows that some authority is charged with keeping the change "orderly.

Balance, Change, Exports, Inability, Keeping, People

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Money 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

Choices, Generations, Greater, Instruments, Men, Society

Once you admit that the individual is merely a means to serve the ends of the higher entity called society or the nation, most of those features of totalitarianism which horrify us follow of necessity

Ends, Horrify, Individual, Mean, Merely, Nation

There is nothing in the basic principles of liberalism to make it a stationary creed; there are no hard-and-fast rules fixed once and for all. . . . Probably nothing has done so much harm to the liberal cause as the wooden insistence of some liberals on certain rules of thumb, above all the principle of laissez faire.

Creed, Done, Harm, Principles, Thumbs

That there is little hope of international order or lasting peace so long as every country is free to employ whatever measures it thinks desirable in its own immediate interest, however damaging they may be to others, needs little emphasis now.

Country, Desirable, Emphasis, Needs, Order, Thinking

Democracy is essentially a means, a utilitarian device for safeguarding internal peace and individual freedom. As such it is by no means infallible or certain. Nor must we forget that there has often been much more cultural and spiritual freedom under an autocratic rule than under some democracies and it is at least conceivable that under the government of a very homogeneous and doctrinaire majority democratic government might be as oppressive as the worst dictatorship.

Democracy, Government, Internal, Mean, Spiritual, Utilitarian