Cory Massimino on Don Lavoie, the knowledge problem, and radical freedom.
Don Lavoie on the Continuing Relevance of the Knowledge Problem - Econlib
It was Don Lavoie, not Friedrich Hayek, who coined the term “knowledge problem” in his seminal 1985 National Economic Planning: What Is Left?1 (itself a more accessible and policy-focused distillation of Lavoie’s thesis, under Israel Kirzner, entitled Rivalry and Central Planning: The Socialist Calculation Debate Reconsidered). Lavoie reformulated and clarified the knowledge problem as developed […]
econlib.org