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Rinkonomics

Ted Balaker
May 7, 2006, 11:15am

There's a good chance that your friend wouldn't be optimistic. Far too dangerous, he might say. Perhaps the only way it could work is if we hired someone really smart and ethical to run it. Of course, that would be a misunderstanding of spontaneous order, as Dan Klein explains in this interesting essay. Jane Jacobs also appreciated the concept of unplanned order: More here.

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