“Smoothing out the ravages of the business cycle” indeed. What Mr. Ruby ignores, and what the text devotes many verses to emphasizing, is that central planning of the kind undertaken by Joseph and Pharaoh ultimately leads down a Hayekian “road to serfdom.” Here, what starts as a grain shortage brought on by natural cycles in the east wind and the Nile’s ebb and flow is leveraged by a government with authoritarian ambitions to utterly enslave the people – better yet, to have the people beg the government to enslave them! This much is clear: the more the coercive power of the state is deployed in the name of preventing individuals from making bad decisions about how to arrange their own sustenance, the greater will be the eventual loss of individual liberty."
https://www.timesofisrael.com/the-road-to-egypt-job-creators...
It's a source, whether you deem it credible or not.