Or set the “technocratic central planning” aside and just say the goal is not to make these allocation decisions nor is it to optimize on any individual basis, so it’s not relevant. Local knowledge may be in some ways but not Hayek’s use of local knowledge. 1/2 https://twitter.com/jdcmedlock/status/1260730740234285057

One of my dad’s mantras was that you use the right tool for the right job and you’re not respecting the tool if you just use it for random jobs. I don’t want to judge him too harshly but we shouldn’t read this tweet and think “man Amash really respects Hayek’s thought.” 2/2

We should look at the tweet and say “Amash really likes to tweet about Hayek.”

I mean, look politicians are going to be politicians. We shouldn’t have expectations that are too high on these dimensions. But we also shouldn’t get star struck. 3/2

(I feel the same way about AOC’s many Econ references btw - it’s awesome and exciting but I also try to manage my own expectations).