Friedrich Hayek

Some comments about Friedrich Hayek.

I have watched a TV program about Hayek. The gist of his ideas presented in that program is that the government should let the markets be free of all interference because the economy is too complicated to be understood fully.

Some of my objections to Hayek's central ideas are:

• Governments serves the interests of the ruling class.
• Markets are not optimal determiners of prices or demand.
• Lack of understanding does not preclude intervention.