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Quotation of the Day…

Posted By Don Boudreaux On August 19, 2011 @ 4:50 pm In Civil Society,Seen and Unseen | Comments Disabled

… is from page 43 of my colleague Dan Klein’s 1998 monograph 3 Libertarian Essays [1]:

Liberty and dignity complement one another.  Their mutual dependence helps to explain why the price of liberty is vigilance.  Encroach on liberty this morning and you cause an erosion of dignity this afternoon, which itself will generate a new encroachment on liberty tomorrow, and so on.  If we neglect this multiplier effect, we are apt to underestimate the hazards of coercion.

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