18 de jul. de 2012

the consequences of erroneous judgments

Boundaries of Order (Butler Shaffer)
- Highlight Loc. 695-97  | Added on Sunday, December 25, 2011, 02:59 PM

We shall discover, further on, how a system of privately-owned property is not only essential to such self-organizing processes but, by decentralizing decision-making, serves to localize, rather than universalize, the consequences of erroneous judgments.