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The word tradition comes from the Latin traditionem, acc. of traditio which means "a giving up, delivering up, surrendering"[citation needed], and is used in a number of ways in the English language However, on a more basic theoretical level, tradition(s) can be seen as information or composed of information. For that which is brought into the present from the past, in a particular societal context, is information. This is even more fundamental than particular acts or practices even if repeated over a long sequence of time. A tradition is a practice, custom, or story that is memorized and passed down from generation to generation, originally without the need for a writing system. Tools to aid this process include poetic devices such as rhyme and alliteration. The stories thus preserved are also referred to as tradition, or as part of an oral tradition.[original research?] Tradition is a knowledge system (a means of transferring knowledge). Economists Friedrich Hayek and Thomas Sowell explain that tradition is an economically efficient way to transfer and obtain knowledge of all kinds. Sowell, for example, notes that decision-making consumes time (a valuable resource), and cultural traditions offer a rich, low-cost, consensually authenticated way to economize on the resources required to make decisions independently.[1][2]
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