August 2019
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5 Reads
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108 Citations
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Publications (1)
Citations (1)
... Though not all schools of thought have explicitly addressed this issue, some even ignore the fact that "the knowledge of the circumstances with which we must make use never exists in concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess" (Hayek & White, 2019). Any policy phrasing and proposals should emphasize creation based on knowledge to sustain the economy (Lundvall, 2016). ...
- Citing Book
August 2019