The maket (...) is an instrument that enables us to utilize knowledge which is distributed among hundred thousands of people. It's an adaptation to thousands of circumstances which nobody ever can know as a whole. (...) Prices tell the individual what to do and what not to do in the social interest. (...) Because we are utilizing more information, more effects than anybody know, the outcome for particular individual is necessarly unpredictable. Now an outcome which is unpredictable and undesigned by anybody, cannot be just. Just as little as an outcome of a game of chance can be a just game. (...) And there are people who imagine - oh, it could be possible to design all this, to arrange this (...) in the manner that the distribution is just. That is little imposible, because it would require, that all this widely dispersed information about particular facts and particular circumstances, and particular gifts can be used and controlled by a central authority.
Friedrich Hayek