Thought for the day
- Tuesday, January 12 2010 @ 07:42 AM CST
- Contributed by: filbert
- Views: 1,641
From The Road To Serfdom, by F. A. Hayek, 1944, Fiftieth Anniversary Edition, 1994, The University of Chicago Press.
Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.
The Rule of Law, more than the rule of contract, should probably be regarded as the true opposite of the rule of status. It is the Rule of Law, in the sense of the rule of formal law, teh absence of legal privileges of particular people designated by authority, which safeguards that equality before the law which is the opposite of arbitrary government.
Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.