Introduction to the Becker-Posner Blog
Blogging is a major new social, political, and economic phenomenon. It is a fresh and striking exemplification of Friedrich Hayek’s thesis that knowledge is widely distributed among people and that the challenge to society is to create mechanisms for pooling that knowledge. The powerful mechanism that was the focus of Hayek’s work, as as of economists generally, is the price system (the market). The newest mechanism is the “blogosphere.” There are 4 million blogs. The internet enables the instantaneous pooling (and hence correction, refinement, and amplification) of the ideas and opinions, facts and images, reportage and scholarship, generated by bloggers.
Tan sólo indicar que este enfoque, desde el punto de vista de un premio nobel de economía, merece un punto de reflexión, para todos aquellos que todavía no ven el fenómeno de los weblogs en toda su dimensión (......).
Becker-Posner Blog
La página web de Gary Becker, no tiene desperdicio.
Blogging is a major new social, political, and economic phenomenon. It is a fresh and striking exemplification of Friedrich Hayek’s thesis that knowledge is widely distributed among people and that the challenge to society is to create mechanisms for pooling that knowledge. The powerful mechanism that was the focus of Hayek’s work, as as of economists generally, is the price system (the market). The newest mechanism is the “blogosphere.” There are 4 million blogs. The internet enables the instantaneous pooling (and hence correction, refinement, and amplification) of the ideas and opinions, facts and images, reportage and scholarship, generated by bloggers.
Tan sólo indicar que este enfoque, desde el punto de vista de un premio nobel de economía, merece un punto de reflexión, para todos aquellos que todavía no ven el fenómeno de los weblogs en toda su dimensión (......).
Becker-Posner Blog
La página web de Gary Becker, no tiene desperdicio.
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