As Mises understood, it doesn’t have to be this way. “[T]his outcome is not inevitable. The trend can be reversed as was the case with many other trends in history.”
Davos World Economic Forum has indeed been involved in the strategic management of the coronavirus pandemic, with a major emphasis on using the pandemic as a catalyst for digital transformation and the global introduction of digital identity systems.
“The Science has spoken..”.. We don’t know what F.A. Hayek would have said if he had lived during the COVID pandemic. But the crisis is an example of warnings he made many decades ago.
Beware, the Ponzi’s on the rise again. Arm yourself and snub it in the bud.
A century later, Mises continues to demonstrate how social planners fail to comprehend the complexity of human action.
Humans don’t easily become something they are not.