Contributed by: filbert Tuesday, November 17 2009 @ 12:52 PM CST
From The Road To Serfdom, by F. A. Hayek, 1944, Fiftieth Anniversary Edition, 1994, The University of Chicago Press.
. . . it came to pass that toward the turn of the century the belief in the basic tenets of (classical) liberalism was more and more relinquished. What had been achieved came to be regarded as a secure and imperishable possession, acquired once and for all. The eyes of the people became fixed on new demands, the rapid satisfaction of which seemed to be barred by the adherence to the old principles.
Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.