If socialists understood economics, they wouldn't be socialists.

Economists
Friedrich Hayek
Born in Vienna in 1899, Hayek was the leading Austrian School economist and foremost defender of liberty. The Road to Serfdom (1944) warned that central planning leads to tyranny. Nobel laureate 1974.
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Friedrich Hayek's Other Quotes
Related Quotes
Abandon the illusion of Great Japanism.
-- Tanzan Ishibashi
Socialism or barbarism!
-- Rosa Luxemburg
Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
-- Ludwig von Mises
Man is the only animal whose desires increase as they are fed; the only animal that is never satisfied.
-- Henry George
There is no such thing as a free lunch.
-- Milton Friedman
The market can stay irrational longer than you can stay solvent.
-- John Maynard Keynes