For forty years the American ship of state has been lunging erratically toward economic disaster, with no awareness of its direction, guided only by a "pretense of knowledge", by intellectual fraud.

-F. A. Hayek

The Liberal ideology -

A Maze of Preconceived Notions -A hash of statism, collectivism, egalitarianism, and anti-capitalism, mixed with the desire for the results of capitalism.

This murky conceptual mess renders even the most innately brilliant of men stupid.

These trends constitute a broad socialist political-economic pattern, minus outright confiscation of the means of production. It is, more precisely, a set of quasi-socialist attitudes that have been integrated into the American economy, representing that quest for "a middle ground between communism and capitalism.

-William Simon