“I can date my own personal ‘revolution’ rather exactly to May or June 1933. It was like this. It began .. with Hayek." — John Hicks
Jennifer Rubin discovers both Hayek’s knowledge problem and Hayek’s distributed knowledge and discovery procedure solution. Did she read John Stossel or The Constitution of Liberty?
What do you think the odds are that Rubin will apply these concepts to nation building?
[...] rather the much more hypernarrow topic: the flu, in the winter of 2009-2010. Indeed, motivation and distributed knowledge will be [...]
[...] us, the marshaling of distributed knowledge will be key to any success we might have as an analytical venture. So remember, we invite [...]
The limitations of knowledge with which [the economist is] concerned is not a limitation which science can overcome. — F. A. Hayek
The limitations of knowledge with which [the economist is] concerned is not a limitation which science can overcome.
Copyright © 2013 Taking Hayek Seriously - All Rights ReservedPowered by WordPress & Atahualpa