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The Other Side of Hayek

Stephen Smoliar has a post today that refers to Hayek’s The Sensory Order. I’m particularly pleased to hear that Smoliar’s sometime-colleague Brian Arthur holds Hayek in high regard. Coming from Arthur, that is high praise indeed. Smoliar also writes: Edelman himself does not appear to have acknowledged Hayek’s work, but this is entirely understandable. I’m pleased to…

An Economist’s Insight

Roger Koppl was been banging on about knowledge monopolies for the last year or so. I’ve heard comments to the effect: “What business is it of an economist meddling in the world of forensics?” Roger makes the point crystal clear in a recent posting of his. I quote the punchline: The issue is not getting the…

Think Markets

I’d like to give a plug to a blog that’s just been started by some members of the Colloquium on Market Institutions and Economic Processes at the Department of Economics, New York University – ThinkMarkets. With names like Mario Rizzo, Bill Butos, Gene Callahan and Roger Koppl involved (this is no slight on the other contributors…

Social Indentity

Colin McGinn poses a fair question: if Obama is half white why is he considered black? Colin is of course making the point that essentialism in these issues is not sustainable and this is reflected in the variety of very good responses to his question, perspectives that bring in fine-grained distinctions that would have never occured to…

Extended Mind: An Introduction

If you’ve ever heard the term “extended mind” and thought it denoted some sort of hocus pocus, then this recording will set you straight. Zoe Drayson of Bristol University has recorded a superb overview of the notion and the ethical implications arising from it. Zoe’s motivation for coming to this multidisciplinary literature had resonance for…

Distributed knowledge and cognition

Once again a superb posting by Vitorino Ramos on his blog. Heretofore I’d not been aware of the existence of hobo signs or the gum election, both of which nicely illustrate the various conceptual lenses associated with distributed cognition/knowledge. I’ll definitely be invoking these ideas.  Good stuff! I also notice another posting about Brian Arthur’s El Farol Bar…