{"product_id":"f-a-von-hayek-ceramic-mug-nobel-prize-1974","title":"F.A. von Hayek Ceramic Mug — The Pretence of Knowledge (1974)","description":"\u003cblockquote\u003e\n\u003cp\u003e\"This way lies charlatanism and worse. To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.\"\u003c\/p\u003e\n\u003cp\u003e— F.A. von Hayek, \u003cem\u003eThe Pretence of Knowledge\u003c\/em\u003e, Nobel lecture, 1974\u003c\/p\u003e\n\u003c\/blockquote\u003e\u003cp\u003eHayek accepted the Nobel Memorial Prize in Economic Sciences in 1974 and used the lecture to turn on his own profession. Economics, he argued, had spent decades imitating the methods of the physical sciences and had come to mistake what can be measured for what actually matters.\u003c\/p\u003e\u003cp\u003eThe passage on this mug is his warning about the consequences. A planner who believes he holds knowledge that is in fact dispersed across millions of people, unspoken and unrecordable, will not merely fail. He will do harm, and he will do it confidently.\u003c\/p\u003e\u003ch3\u003eSpecifications\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003e11 oz ceramic, glossy white finish\u003c\/li\u003e\n\u003cli\u003ePencil-sketch portrait, printed both sides\u003c\/li\u003e\n\u003cli\u003eDishwasher and microwave safe\u003c\/li\u003e\n\u003cli\u003ePrinted on demand and shipped on fulfillment\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eEleven ounces, and a standing reminder of how little anyone knows.\u003c\/p\u003e","brand":"Good Brew","offers":[{"title":"Default Title","offer_id":42826888511555,"sku":"ca48faa3-e328-41a4-a8ab-94ff5ec2d246","price":18.85,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0635\/4737\/5683\/files\/65cfcf47-86be-4466-83c7-e92644097a59.webp?v=1766199940","url":"https:\/\/cafe.tollbooth-dpyc.com\/products\/f-a-von-hayek-ceramic-mug-nobel-prize-1974","provider":"Good Brew","version":"1.0","type":"link"}