Quote of the Day: 28 December 2020 #QotD

“It is no exaggeration to say that if we had had to rely on conscious central planning for the growth of our industrial system, it would never have reached the degree of differentiation, complexity, and flexibility it has attained.” -F. A. Hayek
[Astonishing as it is to contemplate, this is undoubtedly true. And yet we have millions who would rather transition to a system where central planning is a core component. The have not understood the implications, nor the likely outcomes. Even in the face of repeated attempts.]