Knowledge and Decisions

Thomas Sowell

1980

An analysis of the role of knowledge in economic and political decision-making across institutions.

As an Amazon Associate, we earn from qualifying purchases.

Quotes from this source

1 verified quotes

“The most fundamental question is not what decision to make but who is to make it—through what processes and under what incentives and constraints, and with what feedback mechanisms to correct the decision if it proves to be wrong.”