Hayek’s Knowledge Problem Wielded Like a Scalpel
Michael Giberson As previously mentioned here at KP, I cringe when I see Hayek’s “knowledge problem” insight wielded as a rhetorical club. Yet when wielded with subtlety the knowledge problem is, like a rapier, a quite delicate and forceful weapon. Carefully deployed it is the editorialist’s scalpel. So, contrary to the sidebar chatter, I did …
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