Frederick Von Hayek
“In The Use of Knowledge in Society (1945), Hayek …that…. society’s members achieve diverse, complicated ends through a principle of spontaneous self-organization. “
In 2011 “The Use of Knowledge in Society” was selected as one of the top 20 articles published in the American Economic Review during its first 100 years.
He won a Nobel Prize.
Jimmy Wales cites “The Use of Knowledge in Society”, which he read as an undergraduate, as “central” to his thinking about “how to manage the Wikipedia project”.Hayek argued that information is decentralized – that each individual only knows a small fraction of what is known collectively – and that as a result, decisions are best made by those with local knowledge rather than by a central authority.