The Most Important Paper You’ve Ever (Never?) Read...
By Art Carden • Saturday May 8, 2010 10:00 AM PDT • 3 Comments
...is either Hayek’s “The Use of Knowledge in Society” or Mises’s “Economic Calculation in the Socialist Commonwealth.” Here’s a link to Hayek’s paper, in honor of his birthday (HT: Steve Horwitz).
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“Never Read”?
The title says it all. Obviously, writers were paid by the word in 1945. This paper is impenetrable. I hope it is less important than the heading suggests.
Jim Cooke | May 11, 2010 | Reply
“Obviously, writers were paid by the word in 1945. This paper is impenetrable.”
Huh? The paper requires study, rather than skimming, precisely because it is not wordy. It is dense (in the sense of being compact), but hardly impenetrable.
Allan Walstad | May 11, 2010 | Reply