Defending Capitalism: Ayn Rand vs. Hayek
Hayek argues that the reason we need freedom is because of our ignorance or really the limits of the power of reason. Without this limitation, there would be no justification for freedom.
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I view both Hayek and Rand with respect. Neither is completely correct about everything but both are correct to a great degree.
From your comments it appears that the argument is about each author's expectations of performance of individuals. Rand appears to hold individual performance as the highest measure of humankind. To me, this is a very admirable and optimistic view and challenges every individual to aspire to his best. Your quote is not a complete description of Hayek's views, but (imo) it is more a look at Hayek's observations of real human activity and its imperfections. Hayek may be the opposite of the attitude of hubris that oozes from every pore of the politicians and bureaucrats of our day. (If I had been Hayek's publisher I would have demanded that he re-write that line because it so misrepresents the message of the book. )
Hayek goes on to say, in the same paragraph as your quote:
"Liberty is essential in order to leave room for the unforeseeable and unpredictable."
Hayek is recognizing that liberty allows freedom of thought and free will, and that with free will of individuals that no one can be omniscient. Omniscience and free will are mutually exclusive.
I don't have to agree with every word that Rand (or Hayek) wrote to accept much of her (his) message.
Link to the complete book:
http://www.libertarianismo.org/livros/tc...
I thought that the article was extremely pro-Rand..." The lady doth protest too much, methinks " !
“In a way, this (Hayek’s) is an argument from ignorance: the planners can’t know enough to issue the right decrees. In its simpler form, it’s the argument that you can’t force a person to do what’s best for him because only he can know what’s best for him, which is an argument one often hears from conservatives.”