Tuesday, May 3, 2011

Classic Quotes, "Hayek"

Oversight? The government’s long been in bed
With those Wall Street execs and the firms that they’ve bled
Capitalism is about profit and loss
You bail out the losers there is no end to the cost
The lesson I’ve learned is how little we know
The world is complex, not some circular flow
The economy is not a class you master in college, to think otherwise is the pretense of knowledge
F. A. Hayek, via http://cafehayek.com/2011/04/the-fight-of-the-century-2.html

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