“No one has characterized market mechanisms better than Friederich von Hayek who, in the decades after World War II, was their leading interpreter and defender. His defense did not rest primarily upon the supposed optimum attained by them but rather upon the limits of the inner environment – the computational limits of human beings:31.”

“No one has characterized market mechanisms better than Friederich von Hayek who, in the decades after World War II, was their leading interpreter and defender. His defense did not rest primarily upon the supposed optimum attained by them but rather upon the limits of the inner environment – the computational limits of human beings:31.”

— Herbert A. Simon