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And still before to pass to consideration of division of knowledge between the variousPeople, it is necessary to specify, what sort the knowledge is here relevant.
Among economists has become a habit to underline requirement only in knowledge
The prices - it is obvious, because because of mixture of the objective and subjective data
The complete knowledge of the objective facts was considered self-evident. In
Lately even the knowledge of current prices began to be considered so not requiring
Acknowledgement that the question on knowledge is considered as problematic only in
One relation - so far as concerns a prediction of the future prices. But, as I already
Spoke in the beginning of this work, price expectations make only small part
Knowledge problems as I it see. I am am taken by its more important aspect: about
Conformity between knowledge of the initial facts - how can be acquired and To be used the various goods
Than that is usually described as ability, identically To prediction only so far as as any knowledge represents Ability to do a prediction.,
That knowledge in that sense in what this concept is used here, about which We should have any idea that we were capable to state
Something about processes in company, whereas that additional knowledge, "ability" concerns only knowledge, knowledge division, is something it, than that understand as division Work. Speaking more shortly, about which we
Here we talk, which person Uses in the trade, is that knowledge of alternative possibilities
Actions which the person directly does not let in business. It is possible to add and Knowledge in the given sense is something it, and the valid conditions, at which They are acquired and used, that is the general question, why the subjective
Data of various people will be co-ordinated with the objective facts. Interesting us
Here the knowledge problem is a problem of existence such The conformity which availability simply is supposed in it parts The modern equilibrium analysis. However we should explain it if we want To show, why the statements, being it is necessary true in the relation Uses by the separate person of the things having, in its opinion, Certain properties, should appear true and concerning actions Companies with things which or have such properties, or - on
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