Friday, February 5, 2010

Quote - Hayek

“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”

F A Hayek
The Fatal Conceit

2 comments:

Chris said...

And here I thought that economics was about analyzing the economy to derive its fundamental features.

Chris said...

“The curious task of history is to demonstrate to liberal economists how little they really know about what they imagine is fundamental.”
Christopher Furlong
The Fatal Conceit