The Road to Serfdom (amv)

Ludwig Mises and F.A. Hayek are well known for criticizing the welfare state. Both point out that there is no sustainable path between unhampered markets and total state control. In the long run, interventions lead to more interventions which lead to more interventions. The reason for this: interventions cannot achieve the ends which gave birth to them. A good example is Dani Rodrik, who propagates interventions in trade - not as a rule, but "there are circumstances under which such an interference would be warranted." His line of reasoning is revealing: it is legitimate to outlaw your purchase of a Chinese product, because you are outlawed to trade domestically. Well, interventions lead to interventions, isn't it?