Austrian school
Friedrich Hayek*
Knowledge is dispersed. The central plan is a vanity.
- —Prices are a system of information, not a moral lever. To kill them is to blind the country.
- —The Road to Serfdom is not a slogan: each exception to the rule begets the next.
- —The Hayek*ian Emperor does not 'manage' the economy. He publishes the rule, holds it, and abstains.
« The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. »
The Fatal Conceit, 1988

