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xmas13 · 10-10-2008, 10:52 AM

http://en.wikipedia.org/wiki/Friedrich_Hayek

In his popular book, The Road to Serfdom (1944) and in subsequent works, Hayek claimed that socialism required central economic planning and that such planning in turn had a risk of leading towards totalitarianism, because the central authority would have to be endowed with powers that would have an impact on social life as well, and because the scope of knowledge required for central planning is inherently decentralized.

http://www.amazon.com/Denationalisat.../dp/0255362390

Denationalisation of Money, by Friedrich Hayek.

10-10-2008, 10:52 AM
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	The Road to Serfdom by Hayek http://en.wikipedia.org/wiki/Friedrich_Hayek In his popular book, The Road to Serfdom (1944) and in subsequent works, Hayek claimed that socialism required central economic planning and that such planning in turn had a risk of leading towards totalitarianism, because the central authority would have to be endowed with powers that would have an impact on social life as well, and because the scope of knowledge required for central planning is inherently decentralized. http://www.amazon.com/Denationalisat.../dp/0255362390 Denationalisation of Money, by Friedrich Hayek. __________________ ICQ 557504926 Last edited by xmas13; 10-10-2008 at 10:56 AM..