hayek vs obama: The Rule of Law vs The Ad Hoc Use of Power to Achieve “Fairness”

The editorial writers of the Washington Post seems to be among the many new readers of F. A. Hayek’s The Road to Serfdom, especially his chapter “Planning and the Rule of Law”:

the spectacle of [Chrysler] creditors being stripped of their legal rights in favor of a labor union with which the president is politically . . . → Read More: hayek vs obama: The Rule of Law vs The Ad Hoc Use of Power to Achieve “Fairness”

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It has taken me something like 50 years to be able to put [my point about the coordination of knowledge and individual plans] as briefly and in as few words as I have [now achieved]. — F. A. Hayek

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