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Regarded as a seminal work, [6] [7] [8] "The Use of Knowledge in Society" was one of the most praised [9] and cited [10] articles of the twentieth century. The article managed to convince market socialists and members of the Cowles Commission (Hayek's intended target) and was positively received by economists Herbert A. Simon, Paul Samuelson, and Robert Solow.
The sociology of knowledge requires a particular viewpoint that Giambattista Vico first expounded in his New Science in the early 18th century, long before the first sociologists studied the relationship between knowledge and society. The book, a justification for a new historical and sociological methodology, suggests that the natural and ...
In "The Use of Knowledge in Society" (1945), Hayek argued that the price mechanism serves to share and synchronise local and personal knowledge, allowing society's members to achieve diverse and complicated ends through a principle of spontaneous self-organization.
A knowledge society generates, shares, and makes available to all members of the society knowledge that may be used to improve the human condition. [1] A knowledge society differs from an information society in that the former serves to transform information into resources that allow society to take effective action, while the latter only creates and disseminates the raw data. [2]
The consideration of social dimensions of knowledge in relation to philosophy started in 380 B.C.E with Plato’s dialogue: Charmides. [2] This dialogue included Socrates' argument about whether anyone is capable of examining if another man's claim that he knows something, is true or not. [1]
The history of knowledge's relevancy has coincided with the discussion of the academic term "knowledge society" as reflected in the need for knowledge management since the 1960s. [10] It has also coincided with the study of the digital revolution which is seen as part of a series of knowledge revolutions. [10]
Knowledge and Decisions is a non-fiction book by American economist Thomas Sowell. [1] The book was initially published in 1980 by Basic Books and reissued in 1996. [ 2 ] Sowell analyzes social and economic knowledge and how it is transmitted through society, and how that transmission affects decision making.
Social constructivism is a sociological theory of knowledge according to which human development is socially situated, and knowledge is constructed through interaction with others. [1] Like social constructionism , social constructivism states that people work together to actively construct artifacts .