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Books > Business & Economics > Economics
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Knowledge And Decisions (Paperback, Revised)
Loot Price: R939
Discovery Miles 9 390
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Knowledge And Decisions (Paperback, Revised)
Expected to ship within 12 - 17 working days
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With a new preface by the author, this reissue of Thomas Sowell's
classic study of decision making updates his seminal work in the
context of "The Vision of the Annointed," Sowell, one of America's
most celebrated public intellectuals, describes in concrete detail
how knowledge is shared and disseminated throughout modern society.
He warns that society suffers from an ever-widening gap between
firsthand knowledge and decision making--a gap that threatens not
only our economic and political efficiency, but our very freedom
because actual knowledge gets replaced by assumptions based on an
abstract and elitist social vision f what ought to be."Knowledge
and Decisions," a winner of the 1980 Law and Economics Center
Prize, was heralded as a "landmark work" and selected for this
prize "because of its cogent contribution to our understanding of
the differences between the market process and the process of
government." In announcing the award, the center acclaimed Sowell,
whose "contribution to our understanding of the process of
regulation alone would make the book important, but in
reemphasizing the diversity and efficiency that the market makes
possible, [his] work goes deeper and becomes even more
significant."
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