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Quote by Thomas Sowell

“Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in decision making. The communication and coordination of these scattered fragments of knowledge is one of the basic problems- perhaps the basic problem- of any society.”

Quote by Thomas Sowell

Book:Knowledge And Decisions
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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

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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