08 December 2004

Chaos=cooperation?

This is a fascinating study in how anarchy can work through giving responsibility and relying on people's desire to protect themselves and optimise their chances. The paradoxical thing is that by making road junctions apparently more dangerous, they, in fact, become safer. this seems to be a kind of indicator of the wisdom of crowds in appropriate conditions.

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A review of Faithful Exchange

 My interest in Christian considerations of economics goes back decades. I studied economics at A level before I started university and have...