Rick Lowe

Dr. Steve Horwitz in his weekly column for The Freeman explains:

When we construct a building, we don’t imagine it coming together without a master plan involving architects and engineers.  In the social world, by contrast, institutions emerge as the unplanned outcome of human action.  Or in Hayek’s phrase taken from the eighteen-century thinker Adam  Ferguson, they are the “products of human action, but not human design.”

Read the entire article here…

The belief that one can deconstruct then reconstruct social institutions to their design is mistaken.