The tyranny of the articulate

posted by
January 5, 2012
Foundation for Economic Education
by Steven Horwitz  
Posted in Commentary

"Understanding the importance of verbal persuasion is key to seeing the real flaw in deliberative democracy: The system pretty much has to assume that all knowledge relevant to social decision-making can be articulated. But can consumers and producers always articulate what they want and how best to make it? How exactly can the potential producers of health care articulate what sorts of inputs would be best to use, or what sorts of health care to produce and how to produce it, apart from the market and its prices?" (01/05/12)

http://tinyurl.com/7upefm7  

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