Economics
Knowledge and Decisions
by Thomas Sowell · 1980
His major work. The devastating case against central planning, built from one simple insight about knowledge.
Clay's Take
His most academic book. Dense but worth it. Read Basic Economics first, then come back to this one when you're ready to go deeper.
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Quotes from Knowledge and Decisions
3 verified quotes in the database
“The most basic question is not what is best, but who shall decide what is best.”
p. 79
“Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.”
“Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in decision making. The communication and coordination of these scattered fra...”
More Books from Sowell
Basic Economics
2000 · Economics
The clearest introduction to economics ever written. No graphs, no jargon, just how the world actually works.
Economic Facts and Fallacies
2008 · Economics
Destroys the most popular economic myths one by one. Short chapters, sharp writing.
The Vision of the Anointed
1995 · Politics & Society
Why smart people keep being wrong about everything, and why they never pay a price for it.
Wear the words.
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