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Frank Pasquale

Frank Pasquale is professor of law at the University of Maryland and an affiliate fellow at Yale Law School’s Information Society Project. He also served as a member of the Council for Big Data, Ethics, and Society.
Articles by Frank Pasquale

Tech Platforms and the Knowledge Problem

Friedrich von Hayek, the preeminent theorist of laissez-faire, called the “knowledge problem” an insuperable barrier to central planning. Knowledge about the price of supplies and labor, and consumers’ ability and willingness to pay, is so scattered and protean that even the wisest authorities cannot access all of it. No person knows everything about how goods…

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