Who wouldn’t want to be rich and who wouldn’t want us all to be rich equally? These are the old, well-known demands of left-wing political parties. It’s like a marvelous music for many ears. However, the forced realization of wellbeing and equality never turn out well. Why?
The law should protect us from the will of the rulers, arbitrary decisions of the elected or non-elected politicians, any of us acting in an anti-social way, as well as any wrongdoing. Classical liberals are simply striving for a lawful society.
Hayek would like us to live in peace with all people, if possible, and to accept ourselves and the world as we are. Asked if he feels happy at the end of his life he answered: “It is my general view of life that we are playing a game of luck, and I have been lucky in this game.”
F. A. Hayek belonged to the so-called Austrian School of Economics. This school can be understood as a school of economic thought or a branch of libertarian ideology inspired by Austrian economists. Here is some recommended reading for further exploration