MichaelMatulef on Nostr: The Use of Knowledge in Society [F.A. Hayek] https://fountain.fm/episode/12643340106 ...
The Use of Knowledge in Society [F.A. Hayek]
https://fountain.fm/episode/12643340106
This is an essential piece diving into the complexities and profound depth in the market establishment of a price. And why the very notion of the price being "wrong" or fixing it, is self-evidently impossible, as the only information we have to make a comparison, is given to us by emerging prices in the market.
https://fountain.fm/episode/12643340106
This is an essential piece diving into the complexities and profound depth in the market establishment of a price. And why the very notion of the price being "wrong" or fixing it, is self-evidently impossible, as the only information we have to make a comparison, is given to us by emerging prices in the market.