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“
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 fragments of knowledge is one of the basic problems- perhaps the basic problem- of any society.

— Thomas Sowell, Knowledge and Decisions (1980)

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bureaucracydecision-makingeconomicseducationintellectuals
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Knowledge and Decisions

Knowledge and Decisions

1980 · Economics

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