This is the very reason why Adam Smith's "Moral Sentiments" and "The Wealth of Nations" had such a profound impact on the thinking of the American Founders. They KNEW what Hayek expounded on and Smith breathed life into this very principle.
It's no accident that "life, liberty, and the pursuit of happiness" are the founding principles of this Republic and are enshrined in the Declaration of Independence. The "pursuit of happiness" is not fully possible in the absence of life, and liberty.
This is the very reason why Adam Smith's "Moral Sentiments" and "The Wealth of Nations" had such a profound impact on the thinking of the American Founders. They KNEW what Hayek expounded on and Smith breathed life into this very principle.
It's no accident that "life, liberty, and the pursuit of happiness" are the founding principles of this Republic and are enshrined in the Declaration of Independence. The "pursuit of happiness" is not fully possible in the absence of life, and liberty.