Wikipedia and Hayek

Sunday, February 25, 2007
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The heroic Jimmy Wales, founder of Wikipedia, is quoted as saying:

I just wanted to say that Hayek’s work on price theory is central to my own thinking about how to manage the Wikipedia project. Possibly one can understand Wikipedia without understanding Hayek, since perhaps my own theories of how Wikipedia works are false. :-)

But one can’t understand my ideas about Wikipedia without understanding Hayek.

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