"If you think this outcome requires no intelligence, why don't growing, wealthy economies spring up from schools of fish, or swarms of bees?"But neither swarms nor schools are led by an all-knowing leader who decides what the swarm will do or what shape it will take. And I doubt that the individual bees or fish have any concept that they are even part of a swarm, much less understand where the swarm is going or what the swarm is "deciding" to go after.This is a good point. Hayek stated that the "extended order" arose without the need for one person to know everything, and argued [convincingly, IMO] that no one person COULD know everything, and any system based on central "rational planning" was therefore doomed to fail. However, he did not argue that the "extended order" arose out of circumstances where no one knew anything.
This thread is an advertisement for "Anti-Evos Gone Wild".....