Friedrich August von Hayek Quotes about Planning

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[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

Friedrich August von Hayek

Regulation, Way, Planning

The more the state "plans" the more difficult planning becomes for the individual.

Friedrich August von Hayek

Planning, Individual, States

1944 The Road to Serfdom.

This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.

Friedrich August von Hayek

Done, Planning, Economic

"The Use of Knowledge in Society" by Friedrich Hayek, American Economic Review, September 1945.

There is, in a competitive society, nobody who can exercise even a fraction of the power which a socialist planning board would possess.

Friedrich August von Hayek

Exercise, Boards, Planning

"The Road to Serfdom". Book by Friedrich Hayek, Ch. 10 : Why The Worst Get On Top, 1940 - 1943.

The problems raised by a conscious direction of economic affairs on a national scale inevitably assume even greater dimensions when the same is attempted internationally. The conflict between planning and freedom cannot but become more serious as the similarity of standards and values among those submitted to a unitary plan diminishes.

Friedrich August von Hayek

Dimensions, Serious, Planning

"The Road to Serfdom". Book by Friedrich Hayek, Ch. 15 : The Prospects of International Order, 1940 - 1943.