Thomas Sowell Quotes


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.


Citations

Sowell, Thomas. Knowledge and Decisions. Basic Books, 1980, p. 3.

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Thomas Sowell
Thomas Sowell
  • Born: June 30, 1930
  • Nationality: American
  • Profession: Economist

Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford University's Hoover Institution.