Re-reading Hayek's Use of Knowledge: don't disrupt evolved systems wholesale
JMateosGarcia · x · 2026-10-19
JMateosGarcia shares takeaways from re-reading Hayek's "The Use of Knowledge in Society," quoting the famous "marvel" passage: if the price system were the result of deliberate design, it would be acclaimed as one of the greatest triumphs of the human mind — its misfortune is that it isn't designed, and those guided by it usually don't know why.
He reads it as a reminder of the value of complex, evolved social systems (price mechanism, scientific knowledge production) and the risk of disrupting them wholesale — relevant to thinking about institutions and knowledge production in the AI era.
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