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Friedrich A. Hayek

“Competition is a procedure of discovery, a procedure involved in all evolution, that led man unwittingly to respond to novel situations; and through further competition, not through agreement, we gradually increase our efficiency.”

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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