Friday, May 8, 2009

Happy birthday, Friedrich Hayek

Friedrich Hayek wrote The Road to Serfdom, which included such prescient words of wisdom as:

“The more the state 'plans' the more difficult planning becomes for the individual.”


Hayek also penned:

Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions... Liberty and responsibility are inseparable.


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