Helping Middle America Means Getting D.C. Out of The WayIndustrial policy may lead to economic hardship as it disregards the decentralized knowledge of individuals.Friedrich Hayek's ideas reinforce the importance of organic 'rule of law' over imposed legislation.
Hayek, the Accidental FreudianVisiting Chile, economist Friedrich Hayek supported Pinochet's dictatorship coupling authoritarianism with a neoliberal economy.