Hayek’s overall goal was liberty, by which is meant “[a] state in which a man is not subject to coercion by the arbitrary will of another or others” (Hayek 1960, p. 11) or “that what we may do is not dependent on the approval of any person or authority and is limited only by the same abstract rules that apply equally to all” (Hayek 1960, p. 155).2 A necessary and sufficient condition for liberty to apply is the rule of law, i.e., the situation where government limits the exercise of its coercive power by enforcing rules that are general, public, stable and announced beforehand.3 The rule of law is “a meta-legal doctrine or a political ideal” of what the law ought to be (and is hence not the same as a rule of the law, which it, however, presupposes).4