Hayek and Hubris in Iraq

Writes columnist James Pinkerton: Once upon a time, conservatives opposed God-playing hubris. The Austrian-born economist Friedrich Hayek, for example, wrote a book titled “The Fatal Conceit.” And what was that “fatal conceit”? It was the idea that “man is able to shape the world around him according to his wishes.” Hayek was no enemy of progress - which is achieved, he argued, through the trial-and-error experiments of the marketplace. His criticism was aimed at central planning, which sought progress instead by overturning the hard-learned lessons of human nature.