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Knowledge and Decisions / Edition 2

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Overview


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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What People Are Saying

Milton Friedman
"This is a brilliant book. Sowell illuminates how every society operates. In the process, he also shows how the performance of our own society can be improved."
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Product Details

  • ISBN-13: 9780465037384
  • Publisher: Basic Books
  • Publication date: 10/28/1996
  • Edition description: REV
  • Edition number: 2
  • Pages: 448
  • Sales rank: 497,121
  • Lexile: 1680L (what's this?)
  • Product dimensions: 5.93 (w) x 9.09 (h) x 1.24 (d)

Meet the Author


Thomas Sowell has taught economics at a number of colleges and universities, including Cornell, University of California Los Angeles, and Amherst. He has published both scholarly and popular articles and books on economics, and is currently a scholar in residence at the Hoover Institution, Stanford University.
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Customer Reviews

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Sort by: Showing all of 3 Customer Reviews
  • Anonymous

    Posted June 14, 2004

    Sowell: An Intellectual Giant

    Sowell, I have come to find, is one of the greatest philosophers of our time. Having read a few of his books, he is by far my favourite author. He writes so clearly, explaining complicated ideas in simple terms. Furthermore - he understands why the world, and America in particular, operates the way in which it does. He understands the fallacies behind the claims of liberal politicians and their socialistic movement. 'Knowledge and Decisions' was quite an eye-opening book, and I'd recommend it to all - students, teachers, etc. One could literally make an entire college course based on this one book. It's a read every scholar should have.

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    Posted January 22, 2009

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