CALLING. HAYEK. !!! ("channeling" Mises... ?)
Complexity is too, well, complex for experts & elites ...
Real "experts" are those individuals closest to the point of exchange since they have skin-in-the-game & knowledge of the (subjective) value of what is being traded ... (same logic applies to voluntary charity in place of State-imposed welfare)
Complexity is too, well, complex for experts & elites ...
Real "experts" are those individuals closest to the point of exchange since they have skin-in-the-game & knowledge of the (subjective) value of what is being traded ... (same logic applies to voluntary charity in place of State-imposed welfare)
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