Thursday, August 19, 2010

Tea party movement shows ‘wisdom of crowds’

Read the whole thing:

Mark Tapscott: Tea party movement shows ‘wisdom of crowds’ | Washington Examiner: ..."the tea party movement has blossomed into a powerful social phenomenon because it is leaderless — not directed by any one mind, political party or parochial agenda,” resulting in the creation of “a virtual marketplace for new ideas, effective innovations and creative tactics.”

This “beautiful chaos” is analogous to the “spontaneous order” Nobel Prize-winning economist F.A. Hayek said results from the proper operation of free markets, according to Armey and Kibbe.

The clincher here was their noting that the tea party movement reminds Americans that “decentralization, not top-down hierarchy, is the best way to maximize the contributions of people and their personal knowledge.”"

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