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Friedrich August von Hayek Quotes about Character

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Socialist thought owes its appeal to the young largely to its visionary character; the very courage to indulge in Utopian thought is in this respect a source of strength for socialism which traditional liberalism sadly

Socialist thought owes its appeal to the young largely to its visionary character; the very courage to indulge in Utopian thought is in this respect a source of strength for socialism which traditional liberalism sadly lacks. Speculation about general principles provides an opportunity for the play of the imagination of those who are unencumbered by much knowledge of the facts of present-day life. Their ideas suffer from inherent contradictions, and any attempt to put them into practice must produce something utterly different from what they expect.

Friedrich August von Hayek
Philosophy, Character, Opportunity

Independence of mind or strength of character is rarely found among those who cannot be confident that they will make their way by their own effort.... Indeed, when security is understood in too absolute a sense, the general striving for it, far from increasing the chances of freedom, becomes the greatest threat to it.

Friedrich August von Hayek
Character, Effort, Mind

I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general character of a pattern even where we are ignorant of the numerical values which will determine its particular manifestation.

Friedrich August von Hayek
Character, Mean, Mathematical Equations
"New Studies in Philosophy, Politics, Economics and the History of Ideas". Book by Friedrich Hayek. Part I: "Philosophy ". Chapter 2: "The Pretence of Knowledge", pp. 27-28, 1978.

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