Published Sep 6, 2010
Arnold Kling on Knowledge, Power, and Unchecked and Unbalanced
Arnold Kling delves into the inefficiencies of government regulation and the controversial role of rating agencies, arguing for the potential of the internet to decentralize knowledge and challenge centralized authority. He contrasts the dispersion of specialized knowledge with the concentration of political power, suggesting decentralized problem-solving as a more effective alternative.
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