The Issues of Spreading Knowledge in Heyek's The Use of Knowledge in Society and the Meaning of Competition

Society has suffered from the problem of understanding all relevant knowledge to make informed decisions. The President is difficult to obtain all the information to make a decision during the crisis. The problem of providing knowledge to those who need knowledge was the core struggle of people with the ability to make decisions based on economics and their knowledge. F. H. Harek explains his thesis in his thesis "Use of Knowledge in Society and the Meaning of Competition". Hayek, in the article "Use of knowledge in society", one of the main problems confronting economics is that society does not use the information given to them, I explained that it would be connected.

More than ten years ago, management declared Peter Drucker as follows. "Knowledge society will be more competitive than any society we know and individuals will rely on their ability to exploit knowledge."

In our reading, Hayek's strongest supporter in the competitive society is "use of knowledge in society". Among them, how did he show that the diversity of the competitive society is a more useful way to deal with the changing economy? It seems that we have to leave it to someone familiar with these situations. "(524). He continued, we emphasized that we must resolve it in some form of decentralization. Mises points out that most people live in this dispersed society. It has been "bought for millennia" (14). Use it as an ideal present condition to prove the impossibility of a socialist country

Economic competition transforms every brain of the social order into a global supercomputer that encourages innovation and reproduction of the innovations of other people and thereby helps to disseminate excellent knowledge and order in society. Why are BMW, Ford and Honda constantly innovating and innovating innovation as much as possible? People in general can freely choose competitors. Freedom is a factor that "opens" economic competition, which in turn leads to the creation and dissemination of excellent knowledge and order by society as a whole. Cost reduction ideas will lead to lower prices, so new and useful ideas are generated and disseminated through competition in infinite loop of knowledge generation / innovation. Because of our tribal nature and the social concept of social adaptation, we think of the tribal world as "I have won, you have lost" when we think about competition.