One of the best lines I’ve read in a very long time:
Despite the caricatures of his critics, Hayek never said that totalitarianism was the inevitable result of expanding government’s role in the economy. He simply warned us of the possibility and the costs of heading in that direction. We should heed his warning. I don’t know if we’re on the road to serfdom, but wherever we’re headed, Hayek would certainly counsel us to turn around.
That’s from an editorial in the WSJ by Russ Roberts, Why Friedrich Hayek is Making a Comeback.
On June 28th, 2010,
posted in: Economy by Joseph Y. Calhoun Tags: road to serfdom russ roberts, russ roberts hayek
Twitter Trackbacks for Hayek Says Make A U Turn | Contrarian Musings [alhambrainvestments.com] on Topsy.com
June 29, 2010 at 6:55 pm[...] Hayek Says Make A U Turn | Contrarian Musings alhambrainvestments.com/blog/2010/06/28/hayek-says-make-a-u-turn/ – view page – cached One of the best lines I’ve read in a very long time: Despite the caricatures of his critics, Hayek never said that totalitarianism was the inevitable result of Tweets about this link Topsy.Data.Twitter.User['tkinder'] = {“photo”:”http://a1.twimg.com/profile_images/354283754/twitterProfilePhoto_normal.jpg”,”url”:”http://twitter.com/tkinder”,”nick”:”tkinder”}; tkinder: “Hayek Says Make A U Turn. @myen http://viigo.im/42Gu ” 18 minutes ago retweet Topsy.Data.Twitter.User['alhambralnvest'] = {“photo”:”http://a3.twimg.com/profile_images/255954559/Logo_normal.png”,”url”:”http://twitter.com/alhambralnvest”,”nick”:”alhambralnvest”}; alhambralnvest: “Hayek Says Make A U Turn http://bit.ly/b60BRN ” 1 day ago retweet Filter tweets [...]