Quotation of the Day…

(Don Boudreaux)

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… is from page 146 of Liberty Fund’s 2011 Definitive Edition (Ronald Hamowy, ed.) of F.A. Hayek’s soaring 1960 book, The Constitution of Liberty (footnote deleted):

Responsibility, to be effective, must be individual responsibility…. As everybody’s property in effect is nobody’s property, so everybody’s responsibility is nobody’s responsibility.

DBx: Today – March 23, 2021 – is the 29th anniversary of Hayek’s death. Hayek was, when he died in 1992, about six weeks shy of his 93rd birthday.