“From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time.”- Friedrich August Hayek
Wednesday, July 15, 2009
Liberty Quote Of The Day Friederich Hayek
Brilliant economist of the Austrian school, Friedrich Hayek, gave us the below quote which is very much along the lines of an earlier TILB posting about Equality of Outcomes vs. Equality of Choice.