InspiringQuotes

Friedrich August von Hayek Quotes:

Ocupation: Economist

Life: May 8, 1899 - March 23, 1992

Birthday: May 8

Death: March 23

The effect of the people's agreeing that there must be central planning, without agreeing on the ends, will be rather as if a group of people were to commit themselves to take a journey together without agreeing where they want to go; with the result that they may all have to make a journey which most of them do not want at all.

- Friedrich August von Hayek

source: "The Road to Serfdom". Book by Friedrich Hayek, Ch. 5 : Planning and Democracy, 1940 - 1943.

topic: Journey, People, Together, Journey Together, Central Planning

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