“The government is indeed an institution, but "the market" is nothing more than an option for each individual to chose among numerous existing institutions, or to fashion new arrangements suited to his own situation and taste.”
Quote by Thomas Sowell
Work
Knowledge And Decisions
This book delves into the intricacies of decision-making, examining how individuals and organizations utilize knowledge to make informed choices. It covers various theories and models, providing insights into the cognitive and behavioral aspects of decision-making. more
Author
Thomas Sowell
Thomas Sowell is a renowned economist, born on June 30, 1930. His research spans across various fields such as economic policy, race, and social issues, having a profound impact on economics and the social sciences. more
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