ARNOLD KLING — HAYEKIAN OF THE DAY

Recalculation thinking vs AS-AD thinking.

Sort of like the difference between adaptation thinking at the margin in Darwinian biology versus Platonic / Aristotelian thinking about biological kinds. Kling misses the fact that one kind of thinking provides a satisfying naturalistic/non-magical causal mechanism, while the other appeals to “And Then A Miracle Occurs” (see the work . . . → Read More: ARNOLD KLING — HAYEKIAN OF THE DAY

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Altruism cannot lead to the growth of a society which depends on our serving the needs of people of whose very existence we have no idea. — F. A. Hayek

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