Adam Smith’s inspiration for Hayek’s view on “knowledge problem”

“The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, & which would no-where be so dangerous as in the hands of a man who had folly & presumption enough to fancy himself fit to exercise it.”
~~Adam Smith~~

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Content of "Natural Order" attempts to reflect the commitment of Universidad Francisco Marroquin to support the development of a society of free & responsible individuals. The principal commentator for this blog is Christopher Lingle.

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