Talk Econ To Me on Nostr: Hayek warned about government control of money in his 1944 book, 'The Road to ...
Hayek warned about government control of money in his 1944 book, 'The Road to Serfdom', and it rings true today with the continued attacks against Bitcoin and the cypherpunks pushing privacy solutions forward.
His basic argument was that government control of our economic lives amounts to totalitarianism. “Economic control is not merely control of a sector of human life which can be separated from the rest,” he wrote, “it is the control of the means for all our ends.”
Stay vigilant.
His basic argument was that government control of our economic lives amounts to totalitarianism. “Economic control is not merely control of a sector of human life which can be separated from the rest,” he wrote, “it is the control of the means for all our ends.”
Stay vigilant.