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Information, the Tip of the Tacit Iceberg

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  • Bruce Caldwell

Abstract

“IS THERE A DIFFERENCE BETWEEN KNOWLEDGE AND information?†is the question that participants in this symposium were asked to address. I come to the question as an historian of economic thought who has studied the Austrian tradition, and in particular the contributions of F.A. Hayek, who is remembered among information theorists for his early writings on “the knowledge problem.†An analysis of his work may be helpful in grappling with the question of this symposium. In an earlier paper I looked at differing interpretations of the socialist calculation debate and the current prospects for market socialism, and linked to issues of information and knowledge (Caldwell 1997). My remarks here draw in part on that paper.

Suggested Citation

  • Bruce Caldwell, 2005. "Information, the Tip of the Tacit Iceberg," Econ Journal Watch, Econ Journal Watch, vol. 2(1), pages 1-1, April.
    • Handle: RePEc:ejw:journl:v:2:y:2005:i:1:p:1
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    References listed on IDEAS

    as
    1. Bruce Caldwell, 1997. "Hayek and Socialism," Journal of Economic Literature, American Economic Association, vol. 35(4), pages 1856-1890, December.
    2. Roemer, J.E., 1995. "Joseph Stiglitz's Whither Socialism?: An Anti-Hayekian Manifesto," Department of Economics 95-15, California Davis - Department of Economics.
    3. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
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    Cited by:

    1. Shanshan Qian & Dalong Ma & Chao Miao, 2016. "Deciding To Discover Entrepreneurial Opportunities: A Multi-Level Investigation Based On Informational Economics And Resource Dependence Theory," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-19, June.

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