The Use of Knowledge in Society
Friedrich Hayek
Leído por LibriVox Volunteers
An article written from a scholarly point of view in 1945 which critically examines the concept of a planned economy while highlighting the efficiencies of a decentralized market structure (as propounded by Ludwig von Mises and the Austrian School of Economics). Hayek, famous for stating von Mises' complex theories in more understandable terms, highlights in this short paper the important role of "localized information" in a decentralized economic structure, which is unavailable to central planners, comparing their purely theoretical arguments against real "free market" statistics that have been proven over time and practice to produce better results. (Summary by msfry/progressingamerica) (0 hr 38 min)
Capítulos
| Introduction | 5:25 | Leído por Stacey Malcolm |
| The Use of Knowledge in Society | 6:22 | Leído por MaryT |
| Uncommon Knowledge | 5:12 | Leído por Ted Lienhart |
| The Planner's Dilemma | 6:45 | Leído por gont |
| Useful Individual Knowledge | 4:26 | Leído por antonyjc66 |
| "Miracle" of the Price System | 10:27 | Leído por Ted Lienhart |