"Fundamentally, in a system in which the knowledge of the relevant facts is dispersed among many people, prices can act to co-ordinate the separate actions of different people in the same way as subjective values help the individual to co-ordinate the parts of his plan."

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Added on April 10, 2026
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Original Language: English

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Imported from EN Wikiquote

https://en.wikiquote.org/wiki/Individualism_and_Economic_Order