“Central planning inevitably leads to economic chaos and failure.Friedrich Hayek called the delusion that a single person or a groupof government planners could possibly possess the knowledge to planan entire economy a “fatal conceit.” The overwhelming historicalevidence is that the more freedom a nation has, the more economicopportunities will exist and the more dynamic that nation’s economywill be. Likewise, the more regulations, controls, taxes, governmentrunindustries, protectionism, and other forms of interventionism thatexists, the poorer the country will become.”

Ziad K. Abdelnour

Ziad K. Abdelnour - “Central planning inevitably leads...” 1

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