Question: . Lengthy response please/ NEED NEW ANSWER / ANSWER NEVER USED BEFORE/ no textbook answers please. Discuss the Hayek paper on the use of knowledge

Lengthy response please/ NEED NEW ANSWER / ANSWER NEVER USED BEFORE/ no textbook answers please.

Discuss the Hayek paper on the use of knowledge in society. What is the primary economic problem and how is Hayek proposing the go about dealing with it? What are some of the strengths of his argument? What are some of the weaknesses?

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