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by clarkmoody
3354 days ago
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This reminds me of Hayek's Knowledge Problem[1]: The most effective ways of solving problems are with those closest to the problems. In an economics setting, this means that central planning is inferior to distributed decision making. Perhaps it's not a perfect analogy, since it sounds like the academic surgeons are maximizing the wrong utility function (publishing / research). [1] https://en.wikipedia.org/wiki/Local_knowledge_problem |
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