Planning as Democratization vs Planning as Totalization: Revision history

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23 February 2025

9 February 2025

  • curprev 14:0914:09, 9 February 2025Mbauwens talk contribs 5,084 bytes +5,084 Created page with " =Text= Batuhan: "Friedrich Hayek famously argued that "the curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" (Hayek, 1945). In his view, natural normalizing mechanisms such as money, language, and vote serve as spontaneous orders that enable decentralized coordination without the need for central planning. These instruments provide comparability and stability; they allow dispersed knowledge to be ag..."