Vantage point

Saturday, November 19, 2005

Hayekian Quizzing

The Boat Club Quiz Club is an excellent example of spontaneous order in a non-economic domain. It illustrates the "invisible hand" principle at work. The BCQC started off as a spontaneous "organisation" when a few COEPians interested in quizzing decided to meet every saturday. Since then, for over a decade, the BCQC has evolved only "spontaneously" rather than through any constitution/order/authority. What's more, there hasn't been a serious effort to "take charge" or impose some sort of a hierarchy.

Read my whole post at the Notes and Stones Blog.