October 5, 2010 8:53AM 

# Bill Clinton Channels Friedrich Hayek 

By [David Boaz](https://www.cato.org/people/david-boaz) 

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[From Greg Mankiw](http://gregmankiw.blogspot.com/2010/09/bill-clinton-channels-friedrich-hayek.html):

> Friedrich Hayek, *The Fatal Conceit*: “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”
> 
> 
> Bill Clinton, 9/21: “Do you know how many political and economic decisions are made in this world by people who don’t know what in the living daylights they are talking about?”

##### Related Tags 

[General](https://www.cato.org/general), [Government and Politics](https://www.cato.org/government-politics) 

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