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Spontaneous Order
Spontaneous order, also named self-organization in the hard sciences, is the spontaneous emergence of order out of seeming chaos. The term "self-organization" is more often used for physical changes and biological processes, while "spontaneous order" is typically used to describe the emergence of various kinds of social orders in human social networks from the behavior of a combination of self-interested individuals who are not intentionally trying to create order through planning. Proposed examples of systems which evolved through spontaneous order or self-organization include the evolution of life on Earth, language, crystal structure, the Internet, Wikipedia, and a free market economy. Spontaneous orders are to be distinguished from organizations as being scale-free networks, while organizations are hierarchical networks. Further, organizations can be (and often are) a part of spontaneous social orders, but the reverse is not true. While organizations are created and contro ...
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Self-organization
Self-organization, also called spontaneous order in the social sciences, is a process where some form of overall order arises from local interactions between parts of an initially disordered system. The process can be spontaneous when sufficient energy is available, not needing control by any external agent. It is often triggered by seemingly random fluctuations, amplified by positive feedback. The resulting organization is wholly decentralized, distributed over all the components of the system. As such, the organization is typically robust and able to survive or self-repair substantial perturbation. Chaos theory discusses self-organization in terms of islands of predictability in a sea of chaotic unpredictability. Self-organization occurs in many physical, chemical, biological, robotic, and cognitive systems. Examples of self-organization include crystallization, thermal convection of fluids, chemical oscillation, animal swarming, neural circuits, and black ma ...
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Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rati ...
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Classical Liberalism
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. It gained full flowering in the early 18th century, building on ideas stemming at least as far back as the 13th century within the Iberian, Anglo-Saxon, and central European contexts and was foundational to the American Revolution and "American Project" more broadly. Notable liberal individuals whose ideas contributed to classical liberalism include John Locke,Steven M. Dworetz (1994). ''The Unvarnished Doctrine: Locke, Liberalism, and the American Revolution''. Jean-Baptiste Say, Thomas Malthus, and David Ricardo. It drew on classical economics, especially the economic ideas as espoused by Adam Smith in Book One of '' The Wealth of Nations'' and on a belief in natural law, ...
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Friedrich Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and work ...
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Ludwig Von Mises
Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology studies comparing communism and capitalism. He is considered one of the most influential economic and political thinkers of the 20th century. Mises emigrated from Austria to the United States in 1940. Since the mid-20th century, libertarian movements have been strongly influenced by Mises's writings. Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work "The Transmission of the Ideals of Freedom" (1951) pays high tribute to the influence of Mises in the 20th century libertarian movement. Mises's Private Seminar was a leading group of economists. Many of its alumni, including Friedrich Hayek and Oskar Morgens ...
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Carl Menger
Carl Menger von Wolfensgrün (; ; 28 February 1840 – 26 February 1921) was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theories of marginalism and marginal utility, which rejected cost-of-production theory of value, such as developed by the classical economists such as Adam Smith and David Ricardo. As a departure from such, he would go on to call his resultant perspective, the subjective theory of value. Biography Family and education Carl Menger von Wolfensgrün was born in the city of Neu-Sandez in Galicia, Austrian Empire, which is now Nowy Sącz in Poland. He was the son of a wealthy family of minor nobility; his father, Anton Menger, was a lawyer. His mother, Caroline Gerżabek, was the daughter of a wealthy Bohemian merchant. He had two brothers, Anton and Max, both prominent as lawyers. His son, Karl Menger, was a mathematician who taught for many years at Illinois Institute of Te ...
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Austrian School Of Economics
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are th ...
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Michael Polanyi
Michael Polanyi (; hu, Polányi Mihály; 11 March 1891 – 22 February 1976) was a Hungarian-British polymath, who made important theoretical contributions to physical chemistry, economics, and philosophy. He argued that positivism supplies an imperfect account of knowing as no observer is perfectly impartial. His wide-ranging research in physical science included chemical kinetics, x-ray diffraction, and adsorption of gases. He pioneered the theory of fibre diffraction analysis in 1921, and the dislocation theory of plastic deformation of ductile metals and other materials in 1934. He immigrated to Germany, in 1926 becoming a chemistry professor at the Kaiser Wilhelm Institute in Berlin, and then in 1933 to England, becoming first a chemistry professor, and then a social sciences professor at the University of Manchester. Two of his pupils, and his son John Charles Polanyi won Nobel Prizes in Chemistry. In 1944 Polanyi was elected to the Royal Society. The contribution ...
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Adam Ferguson
Adam Ferguson, (Scottish Gaelic: ''Adhamh MacFhearghais''), also known as Ferguson of Raith (1 July N.S./20 June O.S. 1723 – 22 February 1816), was a Scottish philosopher and historian of the Scottish Enlightenment. Ferguson was sympathetic to traditional societies, such as the Highlands, for producing courage and loyalty. He criticized commercial society as making men weak, dishonourable and unconcerned for their community. Ferguson has been called "the father of modern sociology" for his contributions to the early development of the discipline. His best-known work is his '' Essay on the History of Civil Society''. Biography Born at Logierait in Atholl, Perthshire, Scotland, the son of Rev Adam Ferguson, he received his education at Logierait Parish School, Perth Grammar School, and at the University of Edinburgh and the University of St Andrews (MA 1742). In 1745, owing to his knowledge of Gaelic, he gained appointment as deputy chaplain of the 43rd (afterwards the ...
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Scottish Enlightenment
The Scottish Enlightenment ( sco, Scots Enlichtenment, gd, Soillseachadh na h-Alba) was the period in 18th- and early-19th-century Scotland characterised by an outpouring of intellectual and scientific accomplishments. By the eighteenth century, Scotland had a network of parish schools in the Scottish Lowlands and five universities. The Enlightenment culture was based on close readings of new books, and intense discussions took place daily at such intellectual gathering places in Edinburgh as The Select Society and, later, The Poker Club, as well as within Scotland's ancient universities ( St Andrews, Glasgow, Edinburgh, King's College, and Marischal College). Sharing the humanist and rational outlook of the Western Enlightenment of the same time period, the thinkers of the Scottish Enlightenment asserted the importance of human reason combined with a rejection of any authority that could not be justified by reason. In Scotland, the Enlightenment was characterised by a ...
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Pierre-Joseph Proudhon
Pierre-Joseph Proudhon (, , ; 15 January 1809, Besançon – 19 January 1865, Paris) was a French socialist,Landauer, Carl; Landauer, Hilde Stein; Valkenier, Elizabeth Kridl (1979) 959 "The Three Anticapitalistic Movements". ''European Socialism: A History of Ideas and Movements from the Industrial Revolution to Hitler's Seizure of Power''. University of California Press. pp. 59, 63. "In France, post-Utopian socialism begins with Peter Joseph Proudhon. .. roudhonwas the most profound thinker among pre-Marxian socialists."Eatwell, Roger; Wright, Anthony (1999). ''Contemporary Political Ideologies'' (2nd ed.). London: Continuum. p. 82. .Newman, Michael (2005). ''Socialism: A Very Short Introduction''. Oxford University Press. p. 15. .Docherty, James C.; Lamb, Peter, eds. (2006). ''Historical Dictionary of Socialism''. Historical Dictionaries of Religions, Philosophies, and Movements. 73 (2nd ed.). Lanham, Maryland: The Scarecrow Press. p. 284. . See also Lamb, Peter (2015). ''H ...
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Confucianism
Confucianism, also known as Ruism or Ru classicism, is a system of thought and behavior originating in ancient China. Variously described as tradition, a philosophy, a Religious Confucianism, religion, a humanistic or rationalistic religion, a way of governing, or a way of life, Confucianism developed from what was later called the Hundred Schools of Thought from the teachings of the Chinese philosophy, Chinese philosopher Confucius (551–479 BCE). Confucius considered himself a transmitter of cultural values inherited from the Xia dynasty, Xia (c. 2070–1600 BCE), Shang dynasty, Shang (c. 1600–1046 BCE) and Western Zhou, Western Zhou dynasties (c. 1046–771 BCE). Confucianism was suppressed during the Legalism (Chinese philosophy), Legalist and autocratic Qin dynasty (221–206 BCE), but survived. During the Han dynasty (206 BCE–220 CE), Confucian approaches edged out the "proto-Taoist" Huang–Lao as the official ideology, while the emperors mixed both with the real ...
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