EH.Net Mailing List Archive: HES

HES: Re: QUERY--Local_Knowledge_and_The_Incredible_Bread_Machine_in_the_history_of_economic_thought?

Samuel Bostaph (bostaph at udallas.edu)

Wed Sep 27 18:01:52 EDT 2006

"Intended order" is important at the micro level in economic   
organization.  At the economy level, all it has produced historically is   
misery for the general population--and for the reasons that Mises and   
Hayek outlined in the 1920s and 30s.  
  
Samuel Bostaph