Ocupation: Philosopher
Life: September 29, 1881 - October 10, 1973
Birthday: September 29
Death: October 10
We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men.
topic: Men, Perfect, Mind, Factors Of Production, Allocation