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Fritz Machlup Quotes

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Fritz Machlup Quotes: "One of the most original and most important ideas advanced by Hayek is the role of the 'division of knowledge' in economic society."

One of the most original and most important ideas advanced by Hayek is the role of the 'division of knowledge' in economic society.



Fritz Machlup Quotes: "When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published."

When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published.