Hayek's knowledge problem applies here: no central evaluator possesses sufficient information to determine correct cross-occupational valuations better than dispersed market signals.
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Information sent through prices, supply, and demand that tells people what things are worth and what is needed—for example, when something becomes scarce, its price goes up, signaling that it's valuable.
knowledge(Distinguished from mere true belief, which may be the product of indoctrination and need not exercise deliberative capacities.)
Justified true belief — true belief that has been arrived at through the exercise of deliberative capacities, including comparison of and deliberation among alternatives.