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Quotation of the Day…

… is from page 22 of F.A. Hayek’s 1973 essay “Liberalism” as this essay appears as chapter one of Essays on Liberalism and the Economy (2022), which is volume 18 (expertly edited by Paul Lewis), of The Collected Works of F.A. Hayek:

The liberal conception of freedom was therefore necessarily one of freedom under a law which limited the freedom of each so as to secure the same freedom for all. It meant not what was sometimes described as the ‘natural freedom’ of an isolated individual, but the freedom possible in society and restricted by such rules as were necessary to protect the freedom of others…. It was a freedom within a domain circumscribed by known rules which made it possible for the individual to avoid being coerced so long as he kept within these limits.

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