The power of III

Summum ius summa iniuria--More law, less justice

14 June 2011

Quote of the Day, 6/14

Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: 

the progressive income tax, 
free education, 
the right to employment, 
the right to profit, 
the right to wages, 
the right to relief, 
the right to the tools of production, 
interest free credit, etc., etc. 

And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism.

--Frederic Bastiat (1801-1850)

Sound familiar?

I am certain that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice.

-- Friedrich August von Hayek

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