Sunday, November 23, 2014
F.A. Hayek and Obama
One of the greatest principles of F.A. Hayek's economic viewpoint was the notion that no single individual has all of the available information of what exists in society, especially the unintended consequences, whether planned or not. When you watch Obama speak as though he has unlimited information, you have to ask yourself, "How can this man claim to have information that he clearly does not?" The answer is, he doesn't have this information, but a lot of fools in the past thought he did. No we're all realizing that perhaps we were the fools for voting for him.