"The biggest weakness of Hayek's proposals for a Legislative Assembly is not the method of selection but the lack of even a vague picture of how it would operate in practice in relation to the Governmental Assembly. He is explicit that the Budget must be considered by the latter body. But the majority party in that assembly would not have unlimited freedom to make any budgetary provisions it liked, or the whole point of the arrangement would go. Would it set rates within a tax structure designed by the legislators? Where would the boundary be? Would there be any limits to tax progression, or for that matter any guarantees for social security beneficiaries? Here we are merely told that the principles of public finance would have to be rethought."
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Original Language: English
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Samuel Brittan, "Hayek, the New Right, & the Crisis of Social Democracy", Encounter (January 1980)
https://en.wikiquote.org/wiki/Law%2C_Legislation_and_Liberty
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Law, Legislation and Liberty
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