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Central planning inevitably leads to economic chaos and failure. Friedrich Hayek called the delusion that a single person or a group of government pl… - Ziad K. Abdelnour
" "Central planning inevitably leads to economic chaos and failure.
Friedrich Hayek called the delusion that a single person or a group
of government planners could possibly possess the knowledge to plan
an entire economy a “fatal conceit.” The overwhelming historical
evidence is that the more freedom a nation has, the more economic
opportunities will exist and the more dynamic that nation’s economy
will be. Likewise, the more regulations, controls, taxes, governmentrun
industries, protectionism, and other forms of interventionism that
exists, the poorer the country will become.
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Ziad K Abdelnour
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It is an oft-repeated axiom that a person can learn a whole lot about
a society by how it treats its poor; but just as much may be learned
by looking at how that same society treats its rich. Indeed, the economic
future of the poor — and our nation — will be determined in the coming decades by how we treat the people in this country who create great wealth. It will be determined by our understanding of the
so-called rich and by our need to foster and protect this minority of
true wealth creators.
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