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Thought To Ponder

F. A. Hayek said that “the curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” It would be good to recognize our limits about what we imagine we can design. We cannot steer the economy. Or the labor market. Recognizing our limitations is a step in the right direction.
Russ Roberts

 Video: Lessons From the History of Rome We Dare Not Ignore 
27 June 2009
Lawrence W. Reed

Mr. Reed is the president of the Foundation of Economic Education (FEE)
and the president emeritus of the Mackinac Center for Public Policy.
 

 

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