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Thought for the day

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From The Road To Serfdom, by F. A. Hayek, 1944, Fiftieth Anniversary Edition, 1994, The University of Chicago Press.

The Rule of Law implies limits to the scope of legislation; it restricts it to the kind of general rules known as formal law and excludes legislation either directly aimed at particular people or at enabling anybody to use the coercive power of the state for the purpose of such discrimination. It means not that everything is regulated by law, but, on the contrary, that the coercive power of the state can be used only in cases defined in advance by law and in such a way that it can be foreseen how it will be used.

Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.