 It is with respect to this that practically every individual has some advantage over all others because he possesses unique information of which beneficial use might be made, but of which use can be made only if the decisions depending on it are left...  Economics and Ethics of Private Property - 257. lappuseautors: Hans-Hermann Hoppe - 2006 - 265 lapasPilnskats - Par šo grāmatu
 | F. A. Hayek - 1980 - 284 lapas
...: the knowledge of the particular circumstances of time and place. It is with respect to this that practically every individual has some advantage over...on it are left to him or are made with his active co-operation. We need to remember only how much we have to learn in any occupation after we have completed... | |
 | Amartya Sen, Bernard Williams - 1982 - 304 lapas
...the fact that a good deal of information in a society is not publicly known. For he observes that, 'practically every individual has some advantage over...on it are left to him or are made with his active cooperation' (Hayek 1945, pp. 521-3). If Nozick talks of voluntary transfers and leaves the matter... | |
 | Kalman Rupp - 1983 - 282 lapas
...of the Soviet-type economy: "practically every individual has some advantage over all others in that he possesses unique information of which beneficial...on it are left to him or are made with his active cooperation" (pp. 521-522). The utilization of highly idiosyncratic individual information for economic... | |
 | Louis Putterman, Randy Kroszner - 1996 - 404 lapas
...idiosyncracy as followsi4: . . . practically every individual has some advantage over all others in that he possesses unique information of which beneficial...on it are left to him or are made with his active cooperation. We need to remember only how much we have to learn in any occupation after we have completed... | |
 | Anna Grandori - 2001 - 484 lapas
...in that he possesses unique information of which beneficial use might be made, but which can be used only if the decisions depending on it are left to him or are made with his active cooperation. We need to remember only how much we have to learn in any occupation after we have completed... | |
 | Anna Grandori - 2001 - 484 lapas
...separate individuals possess. Practically every individual has some advantage over all others in that he possesses unique information of which beneficial use might be made, but which can be used only if the decisions depending on it are left to him or are made with his active... | |
 | Niclas Berggren, Nils Karlson, Joakim Nergelius - 314 lapas
...latter kind of knowledge is often seriously underestimated. He writes (Hayek, 1945 and 1980, p 80) that "practically every individual has some advantage over...on it are left to him or are made with his active cooperation." 4. There are many works dealing with federalism and its various aspects. Amain reference... | |
 | Thomas Sowell - 2002 - 308 lapas
...knowledge available," according to Hayek. But, he added, with respect to other kinds of knowledge, "practically every individual has some advantage over...on it are left to him or are made with his active cooperation."39 With knowledge conceived of as both fragmented and widely dispersed, systemic coordination... | |
 | Brink Lindsey - 2002 - 351 lapas
...rules: the knowledge of the particular circumstances of time and place. It is with respect to this that practically every individual has some advantage over...which use can be made only if the decisions depending upon it are left to him or are made with his active cooperation. We need to remember only how much... | |
 | Charles William Steinfield - 2003 - 374 lapas
...rules: the knowledge of the particular circumstances of time and space. lt is with respect to this that practically every individual has some advantage over...be made, but of which use can be made only if the decision depending on it are left to him or are made with his active co-operation. (Hayek 1971, p.... | |
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