Jacobs grasped as well as any Austrian economist that complex - TopicsExpress



          

FEE

Jacobs grasped as well as any Austrian economist that complex social orders such as cities aren’t deliberately created and that they can’t be. They arise largely unplanned from the interaction of many people and many minds. In much the same way that Ludwig von Mises and F. A. Hayek understood the limits of government planning and design in the macroeconomy, Jacobs understood the limits of government planning and the design of public spaces for a living city, and that if governments ignore those limits, bad consequences will follow.
Posted on: Sun, 20 Apr 2014 20:14:20 +0000

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