The Governor of Texas Says – “Read Hayek”

Look who’s recommending The Road to Serfdom now:

Naturally, the governor is concerned about what is happening in Washington. When I ask him if Mr. Obama’s policies would send this country down the same path as California, Mr. Perry lunges forward, “If you want to know what this guy’s policies are doing, it’s been written about before.”

“Read that book. Read this book,” he says, gesturing toward the nearby table. I see something from Weight Watchers and a Harry Potter paperback—but the governor is referring to the The Road to Serfdom by Friedrich Hayek ..

The Wall Street Journal.

(Note well, the WSJ spelled Hayek’s name wrong in the original.  Good job, guys.)

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The key importance of the amount of information available and the frequent lack of relevant information have been dealt with only in the last decades. L. von Mises and F. A. von Hayek can rightly be regarded as pioneers in this connection. — Jan Tinbergen

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