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Friedrich August von Hayek Quotes about Effort

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Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control necessary. For this reason all those who wish to stop the drift

Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control necessary. For this reason all those who wish to stop the drift toward increasing government control should concentrate their effort on monetary policy.

Friedrich August von Hayek
Government, Circles, Effort
"The Constitution of Liberty". Book by Friedrich Hayek, Chap. 21 : The Monetary Framework, 1960.

The word "truth" itself ceases to have its old meaning. It describes no longer something to be found, with the individual conscience as the sole arbiter of whether in any particular instance the evidence (or the standing of those proclaiming it) warrants a belief; it becomes something to be laid down by authority, something which has to believed in the interest of unity of the organized effort and which may have to be altered as the exigencies of this organized effort require it.

Friedrich August von Hayek
Effort, Unity, May
"Der Weg zur Knechtschaft (The Road to Serfdom)". Book by Friedrich August von Hayek, reason.com. 1944.

If the human intellect is allowed to impose a preconceived pattern on society, if our powers of reasoning are allowed to lay claim to a monopoly of creative effort... then we must not be surprised if society, as such, ceases to function as a creative force.

Friedrich August von Hayek
Effort, Creative, Patterns
"Studies in Philosophy, Politics and Economics". Book by Friedrich August von Hayek, "What is 'Social'? - What Does it Mean" (ch. 17), 1967.

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

It is because every individual knows little and, in particular, because we rarely know which of us knows best best that we trust the independent and competitive efforts of many to induce the emergence of what we shall want when we see it.

Friedrich August von Hayek
Independent, Effort, Want

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