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Thought for the day

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  • robert-blau@webtv.net
    Economist and political philosopher Friedrich Hayek says: A spontaneous order is a system which has developed not through the central direction or patronage
    Message 1 of 74 , Nov 1, 2008
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      Economist and political philosopher Friedrich Hayek says: "A spontaneous
      order is a system which has developed not through the central direction
      or patronage of one or a few individuals but through the unintended
      consequences of the decisions of myriad individuals each pursuing their
      own interests through voluntary exchange, cooperation, and trial and
      error. This process of spontaneous evolution is not restricted to
      explaining the growth of the economic order but can also account for the
      development of language, money, culture, law, social conventions and
      even morals and ethics. Although the spontaneous order develops through
      individuals pursuing their own interest, the individuals still behave by
      following commonly held rules rather than by acting in a random fashion,
      and these rules are themselves the product of evolution."

      I just wanted you to know.
    • Lin Kerns
      Crap. I found a link expired page... something about not having access to a particular group??? Dunno. Lin On Wed, Jul 29, 2015 at 2:07 PM, Robert Blau
      Message 74 of 74 , Jul 29 7:16 PM
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