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
Let those who will, write the nation's laws, if I can write its textbooks.
-- Paul Samuelson
I don't care who writes a nation's laws, or crafts its advanced treaties, if I can write its economics textbooks.
-- Paul Samuelson
Economics is the study of mankind in the ordinary business of life.
-- Alfred Marshall
Abandon the illusion of Great Japanism.
-- Tanzan Ishibashi
There is no such thing as a free lunch.
-- Milton Friedman
Socialism or barbarism!
-- Rosa Luxemburg