The statesman who should attempt to direct private people in what manner they ought to employ their capitals [money], would not only load himself with a most unnecessary attention, but assume an authority which could be safely trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.
- Adam Smith, Quoted in The Road to Serfdom by F. A. Hayek
It is astonishing how relevant this book is to our current situation.
gmail.com
