F. A. Hayek is strongly endorsed by . . . Slick Willie
Hayek, The Fatal Conceit: "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."
Bill Clinton, 9/21: "Do you know how many political and economic decisions are made in this world by people who don't know what in the living daylights they are talking about?"
Idea, quotes, and link provided courtesy of The Amateur Economist.
Thank you, sir! ;-)
Posted by: Speedmaster | September 28, 2010 at 08:03 AM
Wouldn't Clinton be a pretty good example of what he is talking about?
Posted by: jorgxmckie | September 28, 2010 at 01:18 PM
Wow.
Posted by: D. Watson | September 28, 2010 at 04:07 PM
>> "Wouldn't Clinton be a pretty good example of what he is talking about?"
Oh indeed he would! ;-)
Posted by: Speedmaster | September 28, 2010 at 06:37 PM
I don't think those quotes are related at all. Hayek's point was that no one has the knowledge. Clinton's point was that are people that have it, we just need to put them in power. In other words, Clinton says we have to find the right people. Hayek says that these people don't exist, and never will.
Posted by: Stephen McErleane | September 30, 2010 at 05:00 AM
I left out "there"
Posted by: Stephen McErleane | September 30, 2010 at 05:02 AM
Agree with Stephen, Clinton is far from Hayek (anyway, ANY politician is far from Hayek's words by definition...)
Posted by: Forrest Drake | October 03, 2010 at 07:17 PM