Listen to native speakers pronounce “hayek” in real conversational contexts with synchronized timestamps and subtitles.
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30:37
You know, I think people who believe in the power of these systems take very seriously the libertarian idea that was first and most powerfully formulated byHayek which was that decentralized systems in the long run will outperform centralized systems.The world is so complex, society is so complex, the economy is so complex that no small group of planners or generals or people in charge of the whole thing can possibly understand
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