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Quote from Friedrich August von Hayek,


"To create conditions in which competition will be as effective as possible, to prevent fraud and deception, to break up monopolies— these tasks provide a wide and unquestioned field for state activity."


By:

Friedrich August von Hayek (more quotes by Friedrich August von Hayek or books by/about Friedrich August von Hayek)


(1899-1992), Nobel Laureate of Economic Sciences 1974

Source:

The Road to Serfdom

Categories:

Competition, Deception, Economics, Fraud, Monopoly, Regulation

Rating:

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