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Friedrich A. Hayek

“there is no known way, other than by the distribution of products in a competitive market, to inform individuals in what direction their several efforts must aim so as to contribute as much as possible to the total product.”

Friedrich A. Hayek, The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1)
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The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1) (Volume 1) The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1) by Friedrich A. Hayek
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