Blog Incest

Lynne Kiesling expands on Jonathan's discussion of blogs as spontaneous order.

Dr. Kiesling writes,

This really hits close to home with me, given that part of my life's work is to persuade regulators and policymakers that their taxis, their planned, top-down order, is suboptimal and not robust, and that a more spontaneous order would result in better satisfaction of "the public interest". And that's a really hard sell, because it means butting up against the desire to control and manage outcomes, which makes people less convinced that outcomes arising from processes that are not controlled and managed can be superior. [Note: I abstract from notions of rent seeking, capture, and public choice in this discussion.]
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