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Advances in Austrian Economics
The fatal conceit is the assumption that the world can be shaped according to human desires. This paper argues that the logic of the fatal conceit can be applied to foreign interventions which go beyond the limits of what can be rationally constructed by reason alone. In suffering from the fatal conceit, these interventions are characterized by: (1) the realization that intentions do not equal results, (2) a reliance on top-down planning, (3) the view of development as a technological issue,doi:10.1108/s1529-2134(2010)0000014014 fatcat:mpj56pycrfcphli7hmkb4r3lya