This chapter concludes our philosophical study of the economics of knowledge and its degradation into mere information. Since economists have banished scholarly history of economic thought from their departments, they feel safe in telling any just-so story about the development of an economics of information. But the joke is on them: believing they are wizards of information management, they have become even more ignorant than the agents in their theories. Believing the market validates truth, they become complicit in the spread of ignorance.
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