----------------- HES POSTING ----------------- There is a well-known prediction by Hayek, in _The Road To Serfdom_, that a collectivist state would be ruled by the worst. I wonder if Boulding's "reply" to Hayek is known equally well. The economist who foresaw the breakdown of the Soviet Union wrote of the dangers of transitional periods (like the one currently experienced by Russia): "The loss of an old legitimacy, however, is often a very dangerous time. There is an enormous demand for legitimacy and worse ones can easily arise to take the place of those that have collapsed." (_Ecodynamics_, 1978, Sage Publications, p. 207.) Yuri Tulupenko ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]