Got a link?
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Replying to @St_Rev
It's in The Constitution of Liberty, but is discussed here https://mises.org/library/social-function-economic-inequality …
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Replying to @JarrydBartle
Seems like a just-so story, but I think economic inequality is generally a distraction.
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Replying to @St_Rev @JarrydBartle
Regardless, when I say Hayekian I mean his take on the knowledge problem in The Use of Knowledge... is decisive.
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Replying to @St_Rev @JarrydBartle
The price mechanism solves coordination problems imperfectly, but nothing else is available to humans. It's a technology.
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Replying to @JarrydBartle
I have Burczak's _Socialism After Hayek_ and keep meaning to get back to it, and I don't give a shit if people want...
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Replying to @St_Rev @JarrydBartle
...to organize syndics or communes or whatever. Knock yourselves out.
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Replying to @St_Rev @JarrydBartle
But that's bc there's no _internal_ organizational tech comparable to the price mechanism. All options suck, so whatever.
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Replying to @St_Rev @JarrydBartle
Consensus seems to be Burczak failed to find feasible alternatives to institutions like banking & commodities trading.
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I'm open to hearing alternatives, but not if it means famine. And democracy/people's assemblies/etc. isn't an alternative.
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.