Mises was only half wrong but fully irrelevant. Hayek was right and prescient: Prohibit the bad and all that is left is good.And the means of incremental empirical suppression of the bad is the dry evolutionary process we call the judge discovered common law of tort: Reciprocity.
Source date (UTC): 2018-03-17 00:16:18 UTC
Original post: https://twitter.com/i/web/status/974801562643070982
Reply addressees: @FriedrichHayek @BobMurphyEcon
Replying to: https://twitter.com/i/web/status/974765006825832449
IN REPLY TO:
@FriedrichHayek
I’m rather shocked at how many fundamental mistakes @BobMurphyEcon makes in this article on Hayek, knowledge, Mises, and calculation. Stunned actually. https://t.co/rn3JZED9pi
Original post: https://twitter.com/i/web/status/974765006825832449
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