8min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 410: Shruti Rajagopalan Remembers the Angle of the Light

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Role of Knowledge in Economic Coordination

This chapter examines the insights gained from studying influential economic theories, particularly focusing on the function of prices in communication and coordination within society. It discusses the importance of subjective knowledge, the complexities of decision-making in decentralized systems, and critiques various economic perspectives through the lens of classical literature and Hayek's works.

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