“I believe that the main lesson which our generation has learnt is that we must find a new limit for the activities of government, a limit which leaves ample scope for sensible experimentation but which secures the freedom of the individual as the mainspring of all social and political activity. The whole purpose of these lectures has been to suggest that we can find such a limit if we are willing to revive and develop the ancient ideal of the Rule of Law.”

Lecture IV. The Decline of the Rule of Law - 25. The Task for Liberty- Loving Statesmen
1940s–1950s, The Political Ideal of the Rule of Law (1955)

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Friedrich Hayek 79
Austrian and British economist and Nobel Prize for Economic… 1899–1992

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