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Title Knowledge and decisions / Thomas Sowell.
Publication Info. New York : Basic Books, 1996 printing.

Location Call No. Status Notes
 Law Library  HM 73 .S69 1996    DUE 05-04-18
Description xxvi, 422 p. ; 24 cm.
Note Originally published 1980; reissued 1996 with new pref.
Bibliography Includes bibliographical references (p. 384-411) and index.
Summary "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 of 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.""--publisher description (LoC)
Subject Decision Making.
Decision making.
Knowledge, Theory of.
Civilization, Modern.
ISBN 0465037380
OCLC # 35768274
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