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Knowledge and CoordinationA Liberal Interpretation$
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Daniel B. Klein

Print publication date: 2014

Print ISBN-13: 9780199355327

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199355327.001.0001

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Knowledge Flat-talk

Knowledge Flat-talk

A Conceit of Supposed Experts and a Seduction to All

Chapter:
(p.144) Chapter 10 Knowledge Flat-talk
Source:
Knowledge and Coordination
Author(s):

Daniel B. Klein

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780199355327.003.0010

This chapter discusses the general philosophy of knowledge, followed by its application of flattening knowledge down to information. Knowledge flat-talk creates an illusion of reducing the matter to information, search cost, probabilities, and incentives, all of which are beneficent to expert intervention. In economic discourse, flat-talk keeps out and does not properly clarify the vocabulary of entrepreneurship, enterprise, discovery, insight, interpretation, and judgment. Rich talk makes people mindful that articulate knowledge resides in tacit knowledge. As implied by Don Lavoie, mindfulness makes the value of freedom more persuasive.

Keywords:   knowledge, flat-talk, economic discourse, entrepreneurship, Don Lavoie

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