So would Hayek be real strong on anti-trust laws? Would he be foaming at the mouth over the 80% increase in the price of oil over the last nine months? Wouldn't the state have to have a plan to prevent all the monopsonistic strategies hurled at Joe and Suzie (as well as Mr. Main Street Businessman) every day, year, decade by the market? I don't remember seeing anything about this in the one piece of drivel he wrote that I've read [The Constitution of Liberty] or any of the others I snuck a peak at. What was it Hume said about books that refuse to speak of reality? ian > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]]On Behalf Of Doug Henwood > Sent: Monday, August 02, 1999 9:04 AM > To: [EMAIL PROTECTED] > Subject: [PEN-L:9777] Re: RE: Hayek on Keynes > > > Lisa & Ian Murray wrote: > > >Would planning the design of "private" decentralized markets be > >verboten? > > Planning is ok if it promotes competition. Planning is bad if it > stifles it. Hayek makes a great deal out of how statist systems > smother diversity, and lead to rulers imposing their preferences on > the populace. But his preference for competitive individualism is > taken as the supreme virtue in itself: no hint that he's imposing his > preferences on the populace at all. > > Doug >
