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Socialism and War: Essays, Documents, Reviews, The Collected Works of F. A. Hayek, vol. 10
edited by Bruce Caldwell (Chicago: University of Chicago Press, 1997); 270 pages.
With the recent collapse of communism, it is almost hard to remember that just 50 years ago, government central planning was considered by many as the desirable and superior economic system of the future. As one example, in 1948, Charles E. Marriam, Distinguished Professor of Political Science at the University of Chicago, contributed a chapter to a book edited by Seymour E. Harris entitled Saving American Capitalism: A Liberal Economic Program. Professor Marriam's theme was "the place of planning" in America's future. In Professor Marriam's view, planning was inevitable:
"Planning is coming. Of this there can be no doubt. The only question is whether it will be the democratic planning of a free society, or totalitarian in character.... The emerging order could be scientific in the highest sense, political and economic in the ...
