Friedrich A. Hayek
When governments try to control the economy to create a utopia, they often end up destroying individual liberty. Friedrich Hayek warns that central planning paves the road to totalitarian control and serfdom.
Economic control is not just about money, but rather the control over the means for all of our human ends.
The rule of law protects freedom by applying general and impartial rules rather than dictating specific outcomes for particular groups.
Attempts to centrally plan an economy inevitably fail because no single authority can possess all the dispersed knowledge held by individuals.