Friedrich Hayek Quote

What the planning authority would have to know would not be the mere totals but the distinct, peculiar conditions prevailing in each enterprise which affect the information about values transmitted through market prices but would be completely lost in any statistical information about quantities that might reach the authority from time to time.


Two Pages of Fiction (1982)

Picture Quote 1

What the planning authority would have to know would not be the mere totals but the distinct, peculiar conditions prevailing in each enterprise which ...

Picture Quote 2

What the planning authority would have to know would not be the mere totals but the distinct, peculiar conditions prevailing in each enterprise which ...

Picture Quote 3

What the planning authority would have to know would not be the mere totals but the distinct, peculiar conditions prevailing in each enterprise which ...

Picture Quote 4

What the planning authority would have to know would not be the mere totals but the distinct, peculiar conditions prevailing in each enterprise which ...