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 pos
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THOMAS SOWELL has taught economics at Cornell, UCLA, Amherst, and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, at Stanford University. He has been published in both academic journals and such popular media as the Wall Street Journal, Forbes, and Fortune and writes a syndicated column that appears in newspapers across the country.
''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.'' --Milton Friedman
''In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.'' --F. A. Hayek
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Destination, rates & speedsSeller: Better World Books, Mishawaka, IN, U.S.A.
Condition: Good. Former library book; may include library markings. Used book that is in clean, average condition without any missing pages. Seller Inventory # 7533002-20
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Seller: Better World Books, Mishawaka, IN, U.S.A.
Condition: Good. Used book that is in clean, average condition without any missing pages. Seller Inventory # 11414164-6
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Seller: Arches Bookhouse, Portland, OR, U.S.A.
Hardcover with Dust Jacket. Condition: NEAR FINE. Dust Jacket Condition: Very Good. First Edition. First Edition, First Printing. x, 422 pp. Burgundy cloth, gilt spine lettering. Spine leaning almost imperceptibly, discolored patch from removed bookplate in FFEP, otherwise a clean and sharp copy; DJ has a short tear to front tail and snag at rear head, crisp and bright otherwise with unclipped flaps. A seminal work political and economic theory, describing in concrete detail how knowledge is shared and disseminated throughout modern society and making a case for subsidiarity in public policy. Sowell's development of F.A. Hayek's thesis on 'dispersed knowledge' won him a place of prestige among poligical conservatives. Seller Inventory # 504612
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