How markets use "local knowledge" in ways that central planners cannot (Hayek 1945) beautifully summarized in a tweet.
ht @AlecStapp
RT @thejb_stan: @NathanJRobinson Hey man, how much of this scarce resource do you need?

“All of it”

Damn… that’s what everyone else said too

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653790366288723968