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More or Better Rules Will Not Save Us
Society is much closer to a complex biological organism than to a matrix of engineering principles with explicit, contingent rules.
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Durable-Goods Orders Increase in September While Core Capital Goods Decline Slightly
New orders for durable goods increased 0.8 percent in September while new orders for core capital goods fell 0.1 percent. Today’s data are generally positive, but core capital-goods orders have been essentially flat over the past two months.
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No, Society Does Not Need Unity
To understand the awesome power of heterogeneity is to adopt a different outlook on society itself. It is to embrace the core liberal claim: society doesn’t need top-down management, because it contains within itself the capacity for its own management.
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