Something Hayek Should Have Written ..

but someone else wrote instead:

Accepting the notion that government power is morally superior to free enterprise, and a virtuous nation therefore has a very large government, requires belief in the masters of the State as titans of mind and spirit. How could a gigantic State be morally defensible, if its leaders aren’t supermen? If you find yourself suspecting the architect of the largest, most expensive government [your country] has ever known might not be as smart or wise as you were led to believe [in the last change of leadership], your entire world-view is threatened.

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Stable monetary conditions require that the stream of money expenditure is the fixed datum to which prices and wages have to adapt themselves, and not the other way around. — F. A. Hayek

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