Philip Booth writes for Conservative Home

Philip Booth, Senior Academic Fellow at the Institute of Economic Affairs has written for Conservative Home on the economist and philosopher Friedrich Hayek and what the Conservatives can learn from him.

In his article Philip argues that Hayek taught us that we are incapable of planning economic activity on a large scale. Households, firms and voluntary organisations can plan of course, but even then our plans are often thwarted. We should continually remind politicians, church leaders and economists that the one thing that we do know is how much we don’t know.

Read the full article here.