Sunday Reads...9/17/2023
An irregular round up of interesting reads. Most of these made me go "hmmmmm," none of them imply concurrence:
Quote to ponder: F.A. Hayek’s 1944 book, The Road to Serfdom; from chapter 5, which is titled “Planning and Democracy:" Those most immediately interested in a particular issue are not necessarily the best judges of the interests of society as a whole. To take only the most characteristic case: when capital and labor in an industry agree on some policy of restriction and thus exploit the consumers, there is usually no difficulty about the division of the spoils in proportion to former earnings or on some similar principle. The loss which is divided between thousands or millions is usually either simply disregarded quite inadequately considered.
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