Showing posts with label Use of Knowledge. Show all posts
Showing posts with label Use of Knowledge. Show all posts
Friday, June 01, 2012

Austrian Capital Theory and the Market Process

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The beauty of Austrian economics is of its emphasis on the nitty-gritty of the market process. And capital theory, which has largely ignored...
Saturday, April 07, 2012

Video: "Ideas Having Sex" A Conversation with Matt Ridley and John Tierney

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(hat tip Greg Ransom)
Friday, January 27, 2012

Quote of the Day: Knowledge Plus Inequality Equals Progress

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The rapid economic advance that we have come to expect seems in large measure to be the result of this inequality and to be impossible wi...
Tuesday, July 19, 2011

Quote of the Day: Is Expertise Posture or Knowledge?

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Another thought provoking article from my favorite marketing guru Seth Godin [bold emphasis mine] What I discovered, though, was that ...
Tuesday, May 10, 2011

Harvard’s Greg Mankiw Channels F.A. Hayek

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It’s rare to see experts of high stature exhibit meekness. Harvard Professor and former chairman of President Bush's Council of Econom...
Wednesday, April 27, 2011

Social Media Is Hayek’s Knowledge Theory At Work

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Anyone who says or writes about social media and claims that today’s digital age is NOT about or related to Hayek’s Knowledge theory is dead...
Sunday, April 03, 2011

Phisix and ASEAN Equities: The Tide Has Turned To Favor The Bulls!

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A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have hum...
Saturday, March 26, 2011

Markets Operate Under The Hayekian Knowledge Framework

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Markets, acting on and coordinated by information, are likewise distinct, dispersed and localized. Winnie Phua of Matthews International C...
Sunday, February 13, 2011

The Web As Foundation To The Knowledge Revolution

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``The economic problem of society is thus not merely a problem of how to allocate "given" resources—if "given" is taken ...