"Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety."
- Benjamin Franklin
This was the quote in the first page of the book, "The road to serfdom" by Hayek (probably the greatest advocate of free market theory). And this is the perfect one line summary of Hayek's theory.
I am in the process of assimilating Hayek's theory. I shall write more about it once i do that.
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