Quotation of the Day…

by Don Boudreaux on May 21, 2016

in Hayek, Man of System

… is from page 80 of volume III (“The Political Order of a Free People,” 1979) of F.A. Hayek’s Law, Legislation, and Liberty:

It is one of the ironies of history that socialism, which gained influence by promising the substitution of the administration of things for the power over men, inevitably leads to an unbounded increase of power exercised by men over other men.


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