On what grounds did the austrian-born economist friedrich a. hayek reject the new deal state?
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On what grounds did the austrian-born economist friedrich a. hayek reject the new deal state?
a. in all its details, he thought it indistinguishable from national socialism.
b. the american consumer economy, he thought, lacked the complexity that required economic planning.
c. he was convinced that even the best intentioned government planning efforts would threaten individual liberties.
d. he reasoned that economic planning during the war had almost cost the united states its victory.
e. he worried that the new deal would eventually assist african-americans in achieving equality.
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