Though most people regard as very natural the claim that nobody should be rewarded more than he deserves for his effort, it is nevertheless based on a colossal presumption. It presumes that we are able to judge in every individual instance how well people use the different talents and opportunities given to them and how meritorious their achievements are. It presumes that some human beings are in a position to know conclusively what a person is worth and are entitled to determine what he may achieve. It presumes what the argument for liberty rejects: that we can and do know all that guides a person's actions.
- F. A. Hayek. The Constitution of Liberty (97)
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