ciało-człowieka: Friedrich Hayek

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"The Use of Knowledge in Society" is a scholarly article written by Austrian-British academic economist Friedrich Hayek, first published in the September 1945 issue of The American Economic Review. Written (along with The Meaning of Competition) as a rebuttal to fellow economist Oskar R. Lange and his endorsement of a planned economy, it was included among the twelve essays in Hayek's 1948 compendium Individualism and Economic Order. The article is considered one of the most important in the field of modern economics. Hayek argues that information is decentralized and that that knowledge is unevenly dispersed among different members of society. As a result, decisions are best made by those…

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5 Friedrich Hayek, from “The Use of Knowledge in Society” (1945)

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Friedrich August von Hayek (8 May 1899 – 23 March 1992) was an Austrian economist and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how prices communicate information is widely regarded as an important contribution to economics that led to his receiving the prize. He was a notable member of the Austrian school of economics. During his teenage years, Hayek fought in World War I. He later said this experience, c…

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Hayek and the “Use of Knowledge in Society”

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Sources and ‘The Use of Knowledge in Society’

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Epistemic Consultants and the Regulation of Policy Knowledge in the Obama Administration.. The agencies of the government of the United States of America, such as the Food and Drug Administration or the Environmental Protection Agency, intervene in American society through the collection, processing, and diffusion of information. The Presidency of Barack Obama was notable for updating and redesigning the US government's information infrastructure. The White House enhanced mass consultation through open government and big data initiatives to evaluate policy effectiveness, and it launched new ways of communicating with the citizenry. In this essay we argue that these programs spelled out an e…

Evidence: 20 • authority: 72