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.

Autor: Ziad K. Abdelnour