Jordan Peterson explains Hayek’s “knowledge problem” argument
“The proposition that central planning will work is the proposition that you can substitute one expert mind for a million distributed expert minds.”
“That’s obviously not the case, because each person is going to have knowledge that pertains to their locality that isn’t accessible to everyone. So it’s much better to let everyone make the decisions and sum them.”
The Danish painter Vilhelm Hammershøi (1864–1916) was on Ed Ruscha’s mind as he created a new body of work for his exhibition "Talking Doorways," which closesat Gagosian, rue de Castiglione, Paris, today, December 3. In a piece on "Gagosian Quarterly," Christian House visits Copenhagen to consider the quiet and persistent power of Hammershøi’s art: https://t.co/b0aADih2b0
💬 “Marat est assassiné par Charlotte Corday le 13 juillet 1793. Jacques-Louis David est très proche de Marat. Il a été l'un des derniers à l'avoir vu vivant”, confie Sébastien Allard, directeur du département des peintures du Louvre.
🔗 https://t.co/lp8iW1g1l2
Colonial extraction and unequal exchange have shaped two centuries of North-South inequality.
🧵A thread on a NEW STUDY written with @gatonievas
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🔗 https://t.co/kA1jeQiLOp