Monday , April 23 2018
Home / Cafe Hayek / Bonus Quotation of the Day…

Bonus Quotation of the Day…

Summary:
… is from page 72 of the first volume (“Rules and Order,” 1973) of F.A. Hayek’s brilliant trilogy, Law, Legislation, and Liberty: Legislation, the deliberate making of law, has justly been described as among all inventions of man the one fraught with the gravest consequences, more far-reaching in its effects even than fire and gun-powder.  Unlike law itself, which has never been ‘invented’ in the same sense, the invention of legislation came relatively late in the history of mankind.  It gave into the hands of men an instrument of great power which they needed to achieve some good, but which they have not yet learned so to control that it may not produce great evil. Comments

Topics:
Don Boudreaux considers the following as important: , ,

This could be interesting, too:

Don Boudreaux writes Some Links

Don Boudreaux writes Some Links

Don Boudreaux writes Against the Superstition that National Borders are Economically Relevant

Don Boudreaux writes Freeman Essay #135: “Stop the Bad Guys”

… is from page 72 of the first volume (“Rules and Order,” 1973) of F.A. Hayek’s brilliant trilogy, Law, Legislation, and Liberty:

Bonus Quotation of the Day…Legislation, the deliberate making of law, has justly been described as among all inventions of man the one fraught with the gravest consequences, more far-reaching in its effects even than fire and gun-powder.  Unlike law itself, which has never been ‘invented’ in the same sense, the invention of legislation came relatively late in the history of mankind.  It gave into the hands of men an instrument of great power which they needed to achieve some good, but which they have not yet learned so to control that it may not produce great evil.

Comments

Don Boudreaux
He is a professor of economics at George Mason University in Fairfax, Virginia. Previously, he was president of the Foundation for Economic Education.

Leave a Reply

Your email address will not be published. Required fields are marked *