By Steve Horwitz: Posted on the Coordination Problem Blog Site. This is from a 1934 Cobden Memorial lecture of Gustav Cassel’s entitled “From Protectionism through Planned Economy to Dictatorship”: Planned economy will always tend to develop into Dictatorship…[because] experience has shown that representative bodies are unable to fulfill all the multitudinous functions connected with economic [...]
Tag Archives: Planned Economy
Lost Wisdom: Gustav Cassel on Economic Planning
Posted in Socialism, Tyranny Also tagged Dictatorship, F. A. Hayek, Gustav Cassel, Steve Horwitz, Tyranny Leave a comment
