Posted on 10/15/2022 8:00:52 AM PDT by Steely Tom
"The knowledge of the circumstances of which we must make use," F.A. Hayek famously observed, "never exists in concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess." The more you centralize the processing and dissemination of knowledge, the greater the range and effect of potential error.
(Excerpt) Read more at reason.com ...
This story seems to have dropped into the memory hole.
“Never underestimate Joe’s ability to **** things up.”
PBUH Hussein
The function has been sub contracted out thru social media influencers. That’s why Musk cannot buy Twitter. He gets an inside seat.
The point here being, there may be someone who is smarter than any of us, but that someone, however smart, is not smarter than all of us put together.
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