The principle of spontaneity, of liberty, is not an all-or-nothing proposition. But the principles of local knowledge, coincidence of interest, and spontaneous adaptation have much more power than is generally recognized. People have a hard time understanding how spontaneous order works, or even that it exists.
Wednesday, September 26, 2007
revisiting spontaneous order
A decent set of rules (legal system) and their enforcement are important to a well ordered and functioning society. The additional benefit of avoiding statism is that self-ordering or spontaneous order can take place giving rise to new powers for wealth creation and other forms of betterment. It is easy to be unaware or overlook the power of this type of process. This from an old post worth rereading: