Source: EconLog
by Pierre Lemieux
“The Zizians add their story to the list of ignorant scientists. Ted Kaczynski, the so-called Unabomber, a mathematics Ph.D. and Berkely professor, was cut from the same sort of cloth. These stories would be ludicrous if they had not involved murders of innocent people and wasted lives, including the criminals’ lives, and if they did not suggest deeper knowledge problems. … Frederic Hayek explained the problem of ‘scientism,’ which he defined as an improper and naive application of the methods of the exact sciences to the study of society. It is very tempting, especially for narrowly focused scientific experts with no knowledge of economics, to neglect the varied preferences that motivate individual actions and to ignore the unplanned social order that results. A social order efficient for satisfying individual preferences is impossible to engineer and reconstruct from above.” (02/24/25)