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by Foundation for Economic Education

1. What is spontaneous order? Who is in charge of the market when spontaneous order exists?

2. What are some of the benefits of spontaneous orders that emerge from individuals pursuing their own self-interests?

3. What did Friedrich Hayek think about the idea that society must be deliberately planned to achieve and maintain order?

EoE: 6.2.A - Can Order be Unplanned?

Can Order Be Unplanned? Some people assume that for there to be order in human society, there needs to be some central planning or direction. But as Chapman University Professor Tom W. Bell explains, much of the order we observe in our lives is not the product of human design; it's a product of spontaneous order. Drawing from the work of Adam Smith and Friedrich Hayek, Bell describes how an understanding of spontaneous orders helps us to understand markets, language, social norms, customs, and society itself. This video is included as part of a 40-lesson course on the Economics of Entrepreneurship available now for teachers and students at no charge at FEE.org/Courses.

from Can Order be Unplanned? (2016)
Creator: Learn Liberty
Posted by Foundation for Economic Education
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