Quotation of the Day…

by Don Boudreaux on June 4, 2014

in Hayek, Inequality, Reality Is Not Optional, Seen and Unseen

… is from page 83 of the 1976 Vol. II (“The Mirage of Social Justice”) of Hayek’s Law, Legislation, and Liberty (footnote excluded):

Full [economic-outcome] equality for most cannot but mean the equal submission of the great masses under the command of some elite who manages their affairs.  While an equality of rights under a limited government is possible and an essential condition of individual freedom, a claim for equality of material position can be met only by a government with totalitarian powers.

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