Hayek had the ultimate plan for the state; plan the design of the state in such a manner to foil all attempts at planning. As inspector Cleuceau said: "a plan that cannot possibly fail." Hayek was also amiss on the problem of the transition to capitalism [i realize he was dead, but if he was sure C would be a failure wouldn't he have thought about the road away from serfdom?]. Would planning the design of "private" decentralized markets be verboten? If no, then there's a double standard. ian > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]]On Behalf Of Doug Henwood > Sent: Sunday, August 01, 1999 3:14 PM > To: [EMAIL PROTECTED] > Subject: [PEN-L:9767] Hayek on Keynes > > > I just pulled my ancient copy of Hayek's Road to Serfdom down from > the shelf, and noticed this jacket blurb from J.M. Keynes: "In my > opinion it is a grand book... Morally and philosophically I find > myself in agreement with virtually the whole of it; and not only in > agreement with it, but in deeply moved agreement." Since Hayek seems > to regard any kind of planning or welfare state measures as the first > steps in the title's path, this would presumably include most of what > the world now thinks of as Keynesian - not to mention "the somewhat > comprehensive socialization of investment" and the "euthanasia of the > rentier." Does anyone know what this is all about? > > Doug >
