Q: The planning for security which has an insidious effect on liberty Hayek refers to is aimed towards what kind of security?
A: "It is planning designed to protect individuals or groups against diminution of their income, which although in no way deserved yet in a competitive society occur daily, against losses imposing severe hardships having no moral justification yet inseparable from the competitive system" (135).
Monday, July 9, 2007
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