Another propaganda term popularized by Friedrich von Hayek. AKA metis. It distracts from the fact that knowledge exists at different levels. No one level of organization is the true possessor of all knowledge, and so no one level of decision making is sufficient. The federal/state/county/local governance system recognizes this truth. Big business has just as much a problem with "local knowledge" as "big government". Creative Destruction also throws away local knowledge.
- Elinor Ostrom (13 links)
- Won a Nobel Prize (in economics) for groundbreaking work in institutional analysis of the real-world governance of commons. Not a libertarian nor a Hayekian.
- NEW 2/01/2021: Legibility and Control: Themes in the Work of James C. Scott [More...]
- Puts much of Scott's work in context of Bentham, Foucault, E.P. Thompson, Polanyi and Hayek. Explains why large-scale producers can be inefficient and suppress innovation.
- Local Commons (15 links)
- Elinor Ostrom's real-world observed solutions to regulating commons without ownership. These require government protection of community rights to control the commons. This is not libertarian: no private property, and two levels of government.
- NEW 2/01/2021: Scott versus Hayek [More...]
- Henry Farrell points out that the arguments made in Seeing like a State also refute Hayek's claims for market use of metis, because standardization destroys metis.
- Seeing like a State: How Certain Schemes to Improve the Human Condition Have Failed (book) (4 links)
- A book flawed by a libertarian viewpoint of the state as enemy. The principles within apply equally well to any large bureaucracy, especially large corporations. Misdirects from the fact that governments DO improve the human condition. Also flawed in not presenting origins of the ideas in the works of others.
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