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the whole economy.
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No one directs the whole economy
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or says where the capital goes,
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though sometimes it feels as if
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Goldman Sachs comes close to that.
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The decision process is highly decentralized and un-programmed.
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Indeed, Hayek, if you'll look closely, says
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that what we're trying to do is
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create the opportunity for the unexpected to happen.
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"Liberty is essential
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in order to leave room for the unforeseeable and unpredicted.
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We want it because we have learned to expect from it