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The Road to
Serfdom.
" .
. . [T]he Rule of Law . . . means that government in
all its actions is bound by rules fixed and announced beforehand -
rules which make it possible to foresee with fair certainty how
the authority will use its coercive powers . . . "1b
"
. . . [M]oney is one of the greatest instruments of freedom
ever invented by man."1b
OLD TESTAMENT
NEW TESTAMENT
SPENGLER
"Before 1914 all the
true German ideals of a heroic life were in deadly danger before
the continuous advance of English commercial ideals, English
comfort, . . . "1c
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The Mirage of
Social Justice.
"
. . . [F]reedom is inseparable from
rewards which often have no connection with merit . . . "2*
OLD TESTAMENT
Law, Legislation
and Liberty. "
. . . [S]ince the power of the monopolist to discriminate can be
used to coerce particular individuals or firms, and is
likely to be used to restrict competition . . . , it
clearly ought to be curbed by appropriate rules of conduct."3
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F.A.
Hayek. Law,
Legislation and Liberty. Volume 1: Rules and Order.
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F.A.
Hayek. Law,
Legislation and Liberty. Volume 2: The Mirage of
Social Justice.
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F.A.
Hayek. Law,
Legislation and Liberty. Volume 3: The Political Order
of a Free People.
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The Constitution of
Liberty.
"Coercion
is evil precisely because it . . . eliminates an individual as
a thinking and valuing person and makes him a bare tool in the
achievement of the ends of another."4a
"Liberty and responsibility
are inseparable."4b
"[M]onetary
policy and its effects should be as predictable as
possible."4c
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*
Italics in the original.
1 F.A. Hayek (1899-1992). The Road to
Serfdom. Fiftieth
Anniversary Edition. Introduction by Milton Friedman. Chicago,
IL: The University of Chicago, 1944, 1972, 1994.
a
Planning and the Rule of Law, at 80.
b
Economic Control and Totalitarianism, at 98-99.
c
The Socialist Roots of Naziism, at 186.
2 F.A. Hayek. Law,
Legislation and Liberty. Volume 2: The Mirage of
Social Justice. F.A. Hayek, 1976. Chicago, IL: The University of
Chicago Press. The Game of Catallaxy, at 120.
3 F.A. Hayek. Law,
Legislation and Liberty. Volume 3: The Political Order
of a Free People. F.A. Hayek, 1979. Chicago, IL: The University of
Chicago Press. When Monopoly Becomes Harmful, at 85.
4 F.A. Hayek. The
Constitution of Liberty. Chicago, IL: The University
of Chicago Press, 1960, 1978.
a Liberty and Liberties, at 21.
b Responsibility and Freedom, at 71.
c The Monetary Framework, at 334.
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