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"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."

— Friedrich August von Hayek
friedrich august von hayek Quotes Economist,Economic,Economics

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Friedrich August von Hayek
Economist
Economic
Economics
Curious
Central Planning
Mixed Economy

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The effect of the people's agreeing that there must be central planning, without agreeing on the ends, will be rather as if a group of people were to commit themselves to take a journey together without agreeing where they want to go; with the result that they may all have to make a journey which most of them do not want at all.

— Friedrich August von Hayek

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Government central planning means over-riding other people's plans.

— Thomas Sowell

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