"What's the single most important thing to learn from an economics course today?  What I tried to leave my students with is the view that the invisible hand is more powerful than the [un]hidden hand.  Things will happen in well-organized efforts without direction, controls, plans.  That's the consensus among economists.  That's the Hayek legacy."

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Source : "The Commanding Heights". Book by Daniel Yergin and Joseph Stanislaw, 1998.

Lawrence Summers

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