Heavy Lifting - thoughts and web finds by an economist
     I also contribute to Division of Labour Load HL's Front Page
Saturday, January 15, 2011

Hayek in Text Message Lingo

Original text from the beginning of "Use of Knowledge in Society":

What is the problem we wish to solve when we try to construct a rational economic order? On certain familiar assumptions the answer is simple enough. If we possess all the relevant information, if we can start out from a given system of preferences, and if we command complete knowledge of available means, the problem which remains is purely one of logic. That is, the answer to the question of what is the best use of the available means is implicit in our assumptions.

Translated into text-message lingo:

watz d prob we wsh 2 solve wen we try 2 construct a rational econmc ordA? On certN familir assumptions d ans S simpl nuf. f we own ll d relevant info, f we cn *t ot frm a givN sys of prefs, n f we cmd cmplt nolage of available means, d prob wich remains S purely 1of logic. dat S, d ans 2 d Q of watz A1 uz of d available means S implicit n r assumptions.

Please, please, stop writing text-message lingo on paper.

Comments: Post a Comment


Le Chai - galerie du vin



Posts that contain Craig Depken per day for the last 90 days.


Heavy Lifting's Main Page
Email Me
Atom Feed

Heavy Lifting

Great Links

Money I Found Today

Heavy Lifting - Firehose style (56k warning)

Recent Posts

- Hayek in Text Message Lingo



Site Meter Blogroll Me!


Modified maystar design
powered by blogger