Thursday, June 11, 2009
The Italian Economy: Day 9
So it was very timely to read this article in The Economist about changes in the supply of electricity for Italian citizens. The last paragraph is very telling.
Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that which the most ignorant individual can deliberately employ is comparatively insignificant. ~Fredrich Hayek in The Constitution of Liberty