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Knowledge holder - PowerPoint PPT Presentation

USE OF KNOWLEDGE IN SOCIETY By F.A Hayek

USE OF KNOWLEDGE IN SOCIETY By F.A Hayek. Fundamental Problem. Knowledge dispersed; never concentrated Misconception of economic problem of society ISSUE OF PLANNING Knowledge based; Planner + knowledge holder Efficient economic system depends on utilizing dispersed knowledge

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Knowledge holder - PowerPoint PPT Presentation

USE OF KNOWLEDGE IN SOCIETY By F.A Hayek