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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.

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