Monday, June 21, 2010

On Planning

In a small community common views on the relative importance of the main tasks, agreed standards of value, will exist on a great many subjects.  But their number will become less and less the wider we throw the net; and, as there is less community of views, the necessity to rely on force and coercion increases.
 F.A. Hayek (1944, Road to Serfdom)

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