Hayek Says Make A U Turn

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.

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