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or as complex as how to operate a great university.
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The accumulation of that knowledge is, Hayek says,
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accelerated exponentially
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by disbursed agency, by freedom.
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The rate of accumulation grows
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in an exponential curve with a free society.
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He doesn't talk about demography, but I would say
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that a free society which has passed
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through the world demographic transition
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so that people live long lives,
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lives in which a great deal of learning
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can go decade after decade,