"Rules emerge as a spontaneous order–they are found–not deliberately designed by one calculating mind. Initially constructivist institutions undergo evolutionary change adapting beyond the circumstances that gave them birth. What emerges is a form of “social mind” that solves complex organization problems without conscious cognition."
Vernon L. Smith

January 1, 1970

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Original Language: English

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p. 552.

https://en.wikiquote.org/wiki/Vernon_L._Smith