Budget: "Advice and consent" (Hayek letter) [does not act as an adviser "on particular decisions"]
|Source:||The Times , 16 Mar 1981, p13|
|Themes:||Monetary policy, Conservatism|
Advice and consent
From Professor F. A. Hayek, FBA
Sir, Since you describe me as one "of Mrs Margaret Thatcher's economic advisers" (March 10) I may be allowed to say that, while I have the greatest admiration for her principles and proud when told, that they resemble mine, I am too much aware of my limited knowledge of political possibilities to presume to advise her on particular decisions.
F. A. HAYEK.
D-7800 Freiburg (Breisgau).