

Knowledge and Decisions
Author: Thomas Sowell
Narrator: Robertson Dean
Unabridged: 16 hr 38 min
Format: Digital Audiobook Download
Publisher: Blackstone Audio, Inc.
Published: 09/20/2012
Categories: Nonfiction, Business & Economics
Author: Thomas Sowell
Narrator: Robertson Dean
Unabridged: 16 hr 38 min
Format: Digital Audiobook Download
Publisher: Blackstone Audio, Inc.
Published: 09/20/2012
Categories: Nonfiction, Business & Economics
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.
Out of all of Sowell's books, this might be his masterpiece. It provides one of the clearest articulations of the epistemic dimension of economic and political decision-making according to the best available neoclassical economic analysis. It is written in some of the best prose ever presented in th......more
Knowledge and Decision is a bit hard to categorize. It's about decision making, asymmetric information, incentives, and public policy. It's also, sneakily, an introduction to economics and economic thinking. It's the sort of book that makes economics look like a fun and interesting topic, as well as......more
A great followup to Basic Economics, Knowledge and Decisions is a beautiful blend of straight data and research, and Sowell's insightful social and political philosophy. It was one of the more intellectually challenging of Sowell's books, but I was in no way short of passages to underline. Brilliant......more
A remarkable book about the ways in which various economic, social, and political institutions facilitate or hinder the transmission and use of knowledge in society. I approached this book thinking it would simply be an elaboration on Friedrich Hayek's famous essay, "The Use of Knowledge in Society.......more
Interesting Quotes: "What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he *requires* far *less.* A primitive savage must be able to produce a wide variety of goods and services for himself, and a......more