The knowledge that plays probably the chief role in this differentiation – far from being the knowledge of any one human being, let alone that of a directing superbrain – arises in a process of experimental interaction of widely dispersed, different and even conflicting beliefs of millions of communicating individuals. The increasing intelligence shown by man is, accordingly, due not so much to increases in the several knowledge of individuals but to procedures for combining different and scattered information which, in turn, generate order and enhance productivity. Thus the development of
...more
