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|Freeman article on Emma and Austrian Economics
Written by Jasmine D
(8/23/2013 12:51 p.m.)
Came across this interesting article in my Google+ feed (see link below). According to the article's author, Emma reveals the danger of central planning. Emma's meddling and match-making plans go awry, demonstrating the Austrian economic principle that third-party meddling is ineffective and often disastrous.
Here is an excerpt from the article:
[Emma's] utter failure to bring about the matches she thinks are appropriate, and her consistent inability to see the plans and preferences of even her closest friends, make Emma an ideal exemplar of Hayek’s critique of “the claim that man is capable of co-ordinating his activities successfully through a full explicit evaluation of the consequences of all possible alternatives of action, and in full knowledge of all the circumstances.” And Emma’s egotism and meddling remind us of nothing so much of Hayek’s comment that such planning “involves not only a colossal presumption concerning our intellectual powers, but also a complete misconception of the kind of world in which we live.”
I agree that Emma does show the dangers of meddling. But I never thought of it on an economic level. It is an interesting way to view the novel Emma.
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