Knowledge and decisions

Front Cover
Basic Books, 1980 - Business & Economics - 422 pages
2 Reviews
Looks at the production of knowledge, its application to economic, legal, social, and political institutions, and how it influences them to change

From inside the book

What people are saying - Write a review

LibraryThing Review

User Review  - neurodrew - LibraryThing

This book appeared on a list of 100 influential science books for the millenium, published in The American Scientist. Sowell is an economist, and from some other mentions of his name, is very ... Read full review

Review: Knowledge And Decisions

User Review  - Jay - Goodreads

This is an amazing book about knowledge, which is scarce, diffused, and has a cost. The breadth of considerations Sowell tackles is almost mind boggling. This may be Sowell's best work, or it's at ... Read full review


DecisionMaking Processes
Economic TradeOffs
Social TradeOffs

7 other sections not shown

Other editions - View all

Common terms and phrases

activities Adam Smith affirmative action agencies Alec Nove Alexander Hamilton American American Enterprise Institute among animistic fallacy Anthony Downs antitrust appellate courts Arnold Beichman articulation Beatrice Webb behavior Ben Wattenberg benefits blacks capital punishment Carl Brigham categorical Census cial Civil Rights colonial America constitutional consumer costs crime Crime and Punishment criminal criminal law Day-Brite Lighting death penalty deci decision makers decision making unit decision-making processes decision-making units den Haag desegregation diminishing returns Earl Warren economic economic system Edmund Burke Edward Gibbon EEOC effect empirical example external costs F. A. Hayek fact federal Federal Trade Commission feedback filling station force Fourteenth Amendment freedom Friedrich Engels given Gordon Tullock governmental Graflex Graglia Hans Zeisel Hoover Institution Hubert Humphrey Ibid incentives and constraints income incremental individual inherent institutions intel intellectuals involved Irving Kristol James Burnham James Q John Rawls John Stuart Mill judicial judicial activism justice Karl Marx knowledge Least Dangerous Branch less Lewis Coser market socialism Marx means ment Michael Grant Milton Friedman minimum wage monitor moral NAACP Nathan Glazer natural monopoly nomic options organizations output Oxford Pledge particular percent political precisional press cameras price control price discrimination principle property rights punishment question racial racial segregation Ramsey Clark Raoul Berger rather rent control residual claimants Richard Kluger Richard Posner Robinson-Patman Act Roger Freeman Roman Empire Seymour Martin Lipset simply sion slavery social social class social costs society sorting and labeling Soviet Soviet Union specific statistical substantive due process Supreme Court things Thomas Sowell tion totalitar totalitarian trade-offs transactions costs transactors U.S. Supreme Court University of Chicago vidual Warren Court Wassily Leontief World War II yogurt

References to this book

All Book Search results »

Bibliographic information