Bonus Quotation of the Day…

by Don Boudreaux on December 30, 2019

in Adam Smith, Complexity & Emergence, Myths and Fallacies

… is this Facebook post by Matt Ridley:

If there is one dominant myth about the world, one huge mistake we all make, one blind spot, it is that we all go around assuming the world is much more of a planned place than it is.

DBx: Indeed so. This core lesson of the Scottish Enlightenment – the lesson of the reality of complex and useful emergent orders, designed by no one yet beneficial to everyone – remains far too little known and accepted.

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