Q: What do our planners (those who are not complete fatalists) demand?
A: "What our planners demand is a central direction of all economic activity according to a single plan, laying down how the resources of society should be 'consciously directed' to serve particular end in a definite way." (Hayek 40)
Q: What is the dispute between the modern planners and their opponents?
A: "The dispute [...] is, therefore, not a dispute on whether we ought to choose intelligently between the various possible organizations of society; it is not a dispute on whether we ought to employ foresight and systematic thinking in planning our common affairs. It is a dispute about what is the best way of doing so. The question is whether for this purpose it is better that the holder of coercive power should confine himself in general to creating conditions under which the knowledge and initiative of individuals are given the best scope so that they can plan most successfully; or whether a rational utilization of our resources requires central direction and organization of all our activities to some consciously constructed 'blueprint.'" (Hayek 40-41)
1 comment:
IF in the original quote from the Hayek their is an unclear possessive adjective (in this case "our" planners), please do the bracket thing where you put a specific noun in the [brackets]. In this way we will all know who the "our" is. Since planners is involved, certainly the Our does not involve the Rangers!
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