Wednesday, October 27, 2010

How Do We Know What We Know? - Butler Shaffer - Mises Daily

How Do We Know What We Know? - Butler Shaffer - Mises Daily: "The most damaging falsehood associated with government action is the belief — common to the entire institutional order — that social order is dependent upon pyramidal, vertical power structures."

If we understood the lesson from the study of chaos, namely, that complex behavior always produces unpredictable consequences, we might be less arrogant in our efforts to mandate the behavior of people. More than that, if we understood just how inherently and unavoidably limited is our knowledge of the world, we might be less hubristic in our insistence upon managing the lives of others.

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