There is nothing in the basic principles of liberalism to make it a stationary creed; there are no hard-and-fast rules fixed once and for all. ... Probably nothing has done so much harm to the liberal cause as the wooden insistence of some liberals on certain rules of thumb, above all the principle of laissez faire.
"The Road to Serfdom". Book by Friedrich Hayek, Ch. 1 : The Abandoned Road, 1940 - 1943.