Friday, August 27, 2010

The 'inevitability' of planning

The movement for planning owes its present strength largely to the fact that, while planning is in the main still an ambition, it unites almost all the single-minded idealists, all the men and women who have devoted their lives to a single task. The hopes they place in planning, however, are not the result of a comprehensive view of society, but rather of a very limited view, and often the result of a great exaggeration of the importance of the ends they place foremost.
..says Hayek, in Chapter 4 in his great classic, The Road to Serfdom. And how true!

Health experts want the State to "plan" cigarettes out of society of law-abiding citizens. Architects want cities demolished and rebuilt after their drawings (Icelandic example). Farmers demand State protection and subsidies to protect their current way of life and keep harsh competition away. Economists preach the need for powerful State central banks and data gathering institutions so they can play with interest rates (the price of money) and see how the real life reacts compared to sophisticated computer models.

The list is endless. Everywhere, "experts" and "specialists" in various studies talk about the need for some great State plan on their favorite subject, with themselves in control (of course). The inevitable result: A central command economy of some sort. Is that what we want?

No comments: