A reading of "The Use of Knowledge in Society" by Friedrich Hayek 

In his seminal work 'The Use of Knowledge in Society,' Friedrich Hayek explores how decentralized decision-making harnesses individual knowledge more effectively than central planning. Written as a rebuttal to an endorsement of central planning, Hayek asserts that the price mechanism is crucial for coordinating the actions of millions without direct communication.
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00:07 - Part one
03:27 - Part two
05:54 - Part three
10:21 - Part four
15:38 - Part five
22:07 - Part six
28:21 - Part seven