TLDR
As an advocate of open market and capitalism, in the book The Road to Serfdom, P. A. Hayek claimed that the competition in the free market would be much better than centralized and mandatory planning because he believed the open competition was the only way to coordinate social activities and stay away from the autocracy and manipulation.via the TL;DR App
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Written by MetisDAO | Metis Runs Decentralized Economy
