It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.
The Essence of Hayek (ed. Hoover Institution Press, 1984)
Quote of the day
At last, in 1611, was made, under the auspices of King James, the famous King James version; and this is the great literary monument of the English language.
