Difference between revisions of "Local Knowledge"
From Critiques Of Libertarianism
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[[Category:Libertarian Propaganda Terms]] | [[Category:Libertarian Propaganda Terms]] | ||
[[Category:Friedrich von Hayek]] | [[Category:Friedrich von Hayek]] | ||
| − | {{DES | des = Another [[Libertarian Propaganda Terms|propaganda term]] popularized by [[Friedrich von Hayek]]. 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. | show=}} | + | {{DES | des = Another [[Libertarian Propaganda Terms|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. | show=}} |
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