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For decision-making the information. Other important tool of the market is Competition which, selecting the best individual decisions of participants, Is for a society as a whole opening procedure it. Freedom directly
It is connected with efficiency: the more freely the economy, the is more than economic
Opening can make free creativity of people.
The Hajekovsky concept of the market means revolutionary revision as most
Subject of an economic science, and its conclusions concerning the economic
Politicians of the states.
According to the orthodox concept of economy, the market is only one of
Tools of optimum distribution of resources. Hence, every time,
When market distribution of resources will be is considered "not optimum",
"Inefficient", it is desirable or even it is necessary to undertake measures, which
Would "improve" market job. Thereby the traditional doctrine of economy
Becomes mother of a creeping western socialism:
Incessant strengthening of state regulation of an economic life
Distribution of resources by "most effective". It is important, whether sends
Economic system signals which specify to people correct from a point
Sight of insistency of requirements of a society of actions.
Recommendations opposite what are produced by the orthodox
Economic science. Well-known, for example, that to monopoly lead
To irrational use of resources. Means, speaks, a traditional science,
It it is possible and it is necessary to improve, regulating monopolies state structures and
State structures, and they will increase efficiency of economy.
No, follows from Hayek's theory, the problem of monopolies does not exist at all.
Ultrahigh monopoly prices send correct signals to other economic
To agents. The given sphere - is superefficient, and it is necessary to try that or other
In the way to bypass monopoly. In the conditions of absence state
Regulating body the monopoly will be anyhow buried.
The traditional economic science quite justifies the state help
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