1899 - 1992
Friedrich August von Hayek was an Austrian economist and political philosopher, best known for his defense of classical liberalism and free-market capitalism. He gained prominence for his work in economic theory, particularly his critique of central planning and his contributions to the concept of spontaneous order. Hayek was awarded the Nobel Memorial Prize in Economic Sciences in 1974 for his pioneering work on business cycles and market theory.
We shall not prevent the gradual advance of totalitarian control if we do not succeed in defeating the philosophy which produces it.
We shall not grow wiser before we learn that much that we have done was very foolish.
The modern specialist is very frequently not an educated person—he knows only his particular field.
He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants.