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  <title>
    <![CDATA[Knowledge and Decisions]]>
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  <average_rating>4.27</average_rating>
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    <![CDATA[With a new preface by the author, this reissue of Thomas Sowell's classic study of decision making updates his seminal work in the context of <em>The Vision of the Anointed</em>. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making -- a gap that threatens our very freedom because actual knowledge gets replaced by assumptions based on an abstract and elitist social vision of what ought to be. <p> <em>Knowledge and Decisions</em>, a winner of the 1980 Law and Economics Center Prize, was heralded as a &quot;landmark work&quot; and selected for this prize &quot;because of its cogent contribution to our understanding of the differences between the market process and the process of government.&quot; In announcing the award, the center acclaimed Sowell, whose &quot;contribution to our understanding of the process of regulation alone would make the book important, but in reemphasizing the diversity and efficiency that the market makes possible, [his] work goes deeper and becomes even more significant.&quot;  &quot;In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.&quot; --F. A. Hayek   &quot;This is a brilliant book. Sowell illuminates how every society operates. In the process he also shows how the performance of our own society can be improved.&quot; --Milton Friedman  <p>  </p></p>]]>
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  <read_at>Sun Apr 01 00:00:00 -0700 2007</read_at>
  <date_added>Thu May 10 13:22:55 -0700 2007</date_added>
  <date_updated>Wed Dec 16 19:14:54 -0800 2009</date_updated>
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    <body><![CDATA[One of the greatest works on decision-making theory ever written.  Combines a thoroughness of research with a clarity of writing style.  Thomas Sowell is one of the great minds of our time.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/1147805]]></url>
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  <title>
    <![CDATA[Knowledge and Decisions]]>
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  <average_rating>4.27</average_rating>
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    <![CDATA[With a new preface by the author, this reissue of Thomas Sowell's classic study of decision making updates his seminal work in the context of <em>The Vision of the Anointed</em>. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making -- a gap that threatens our very freedom because actual knowledge gets replaced by assumptions based on an abstract and elitist social vision of what ought to be. <p> <em>Knowledge and Decisions</em>, a winner of the 1980 Law and Economics Center Prize, was heralded as a &quot;landmark work&quot; and selected for this prize &quot;because of its cogent contribution to our understanding of the differences between the market process and the process of government.&quot; In announcing the award, the center acclaimed Sowell, whose &quot;contribution to our understanding of the process of regulation alone would make the book important, but in reemphasizing the diversity and efficiency that the market makes possible, [his] work goes deeper and becomes even more significant.&quot;  &quot;In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.&quot; --F. A. Hayek   &quot;This is a brilliant book. Sowell illuminates how every society operates. In the process he also shows how the performance of our own society can be improved.&quot; --Milton Friedman  <p>  </p></p>]]>
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  <published>1980</published>
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    <rating>5</rating>
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  <read_at>Fri Sep 05 00:00:00 -0700 2008</read_at>
  <date_added>Sun Aug 24 01:57:05 -0700 2008</date_added>
  <date_updated>Fri Sep 19 23:42:45 -0700 2008</date_updated>
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    <body><![CDATA[One of the densest books I have ever read. In the words of Tucker Max, it teaches you &quot;how to think.&quot;<br/><br/>It can be summed up as such;<br/><br/>The question is not what is the decision made but who makes it and with what constraints, incentives, and feedback mechanisms.<br/><br/>...<a href="http://www.goodreads.com/review/show/31040525">more...</a>]]></body>
    
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      <review>
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    <![CDATA[Knowledge and Decisions]]>
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  <average_rating>4.27</average_rating>
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    <![CDATA[With a new preface by the author, this reissue of Thomas Sowell's classic study of decision making updates his seminal work in the context of <em>The Vision of the Anointed</em>. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making -- a gap that threatens our very freedom because actual knowledge gets replaced by assumptions based on an abstract and elitist social vision of what ought to be. <p> <em>Knowledge and Decisions</em>, a winner of the 1980 Law and Economics Center Prize, was heralded as a &quot;landmark work&quot; and selected for this prize &quot;because of its cogent contribution to our understanding of the differences between the market process and the process of government.&quot; In announcing the award, the center acclaimed Sowell, whose &quot;contribution to our understanding of the process of regulation alone would make the book important, but in reemphasizing the diversity and efficiency that the market makes possible, [his] work goes deeper and becomes even more significant.&quot;  &quot;In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.&quot; --F. A. Hayek   &quot;This is a brilliant book. Sowell illuminates how every society operates. In the process he also shows how the performance of our own society can be improved.&quot; --Milton Friedman  <p>  </p></p>]]>
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  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Jun 22 00:00:00 -0700 2009</read_at>
  <date_added>Sat May 09 09:28:15 -0700 2009</date_added>
  <date_updated>Mon Jun 22 19:20:00 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Most books inform or entertain. This book goes farther and expands the mind. Mr. Sowell does a great job of exploring the foundations of decision making as an individual, nation, bureaucracy or as an academic. He explores who has what knowledge in an economy and how that knowledge is exercised. He e...<a href="http://www.goodreads.com/review/show/55479417">more...</a>]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/55479417]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/55479417]]></link>
</review>
      <review>
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    <name><![CDATA[Ariel]]></name>
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  <title>
    <![CDATA[Knowledge and Decisions]]>
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  <average_rating>4.27</average_rating>
  <ratings_count>48</ratings_count>
  <description>
    <![CDATA[With a new preface by the author, this reissue of Thomas Sowell's classic study of decision making updates his seminal work in the context of <em>The Vision of the Anointed</em>. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making -- a gap that threatens our very freedom because actual knowledge gets replaced by assumptions based on an abstract and elitist social vision of what ought to be. <p> <em>Knowledge and Decisions</em>, a winner of the 1980 Law and Economics Center Prize, was heralded as a &quot;landmark work&quot; and selected for this prize &quot;because of its cogent contribution to our understanding of the differences between the market process and the process of government.&quot; In announcing the award, the center acclaimed Sowell, whose &quot;contribution to our understanding of the process of regulation alone would make the book important, but in reemphasizing the diversity and efficiency that the market makes possible, [his] work goes deeper and becomes even more significant.&quot;  &quot;In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.&quot; --F. A. Hayek   &quot;This is a brilliant book. Sowell illuminates how every society operates. In the process he also shows how the performance of our own society can be improved.&quot; --Milton Friedman  <p>  </p></p>]]>
  </description>
  <published>1980</published>
</book>

    <rating>5</rating>
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  <date_added>Tue Sep 02 16:37:04 -0700 2008</date_added>
  <date_updated>Tue Sep 02 16:41:22 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[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...<a href="http://www.goodreads.com/review/show/31854785">more...</a>]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/31854785]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/31854785]]></link>
</review>
      <review>
  <id>23990230</id>
    <user>
    <id>1173377</id>
    <name><![CDATA[Jim]]></name>
    <location><![CDATA[The United States]]></location>
    <link><![CDATA[http://www.goodreads.com/user/show/1173377-jim]]></link>
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  <title>
    <![CDATA[Knowledge and Decisions]]>
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  <average_rating>4.27</average_rating>
  <ratings_count>48</ratings_count>
  <description>
    <![CDATA[With a new preface by the author, this reissue of Thomas Sowell's classic study of decision making updates his seminal work in the context of <em>The Vision of the Anointed</em>. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making -- a gap that threatens our very freedom because actual knowledge gets replaced by assumptions based on an abstract and elitist social vision of what ought to be. <p> <em>Knowledge and Decisions</em>, a winner of the 1980 Law and Economics Center Prize, was heralded as a &quot;landmark work&quot; and selected for this prize &quot;because of its cogent contribution to our understanding of the differences between the market process and the process of government.&quot; In announcing the award, the center acclaimed Sowell, whose &quot;contribution to our understanding of the process of regulation alone would make the book important, but in reemphasizing the diversity and efficiency that the market makes possible, [his] work goes deeper and becomes even more significant.&quot;  &quot;In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.&quot; --F. A. Hayek   &quot;This is a brilliant book. Sowell illuminates how every society operates. In the process he also shows how the performance of our own society can be improved.&quot; --Milton Friedman  <p>  </p></p>]]>
  </description>
  <published>1980</published>
</book>

    <rating>5</rating>
  <votes>1</votes>
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  <recommended_for><![CDATA[Anyone, but it's not an easy read.]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Jan 01 00:00:00 -0800 2005</read_at>
  <date_added>Sun Jun 08 10:19:08 -0700 2008</date_added>
  <date_updated>Sun Jun 08 10:19:08 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Not an easy book to read but well worth it. Sowell has the unique ability to make highly abstract concepts both interesting and practical.]]></body>
    
  <url><![CDATA[http://www.goodreads.com/review/show/23990230]]></url>
  <link><![CDATA[http://www.goodreads.com/review/show/23990230]]></link>
</review>
      <review>
  <id>52937610</id>
    <user>
    <id>1119253</id>
    <name><![CDATA[Gavin]]></name>
    <location><![CDATA[Alpine, UT]]></location>
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  <title>
    <![CDATA[Knowledge and Decisions]]>
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  <average_rating>4.27</average_rating>
  <ratings_count>48</ratings_count>
  <description>
    <![CDATA[With a new preface by the author, this reissue of Thomas Sowell's classic study of decision making updates his seminal work in the context of <em>The Vision of the Anointed</em>. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making -- a gap that threatens our very freedom because actual knowledge gets replaced by assumptions based on an abstract and elitist social vision of what ought to be. <p> <em>Knowledge and Decisions</em>, a winner of the 1980 Law and Economics Center Prize, was heralded as a &quot;landmark work&quot; and selected for this prize &quot;because of its cogent contribution to our understanding of the differences between the market process and the process of government.&quot; In announcing the award, the center acclaimed Sowell, whose &quot;contribution to our understanding of the process of regulation alone would make the book important, but in reemphasizing the diversity and efficiency that the market makes possible, [his] work goes deeper and becomes even more significant.&quot;  &quot;In a wholly original manner [Sowell] succeeds in translating abstract and theoretical argument into a highly concrete and realistic discussion of the central problems of contemporary economic policy.&quot; --F. A. Hayek   &quot;This is a brilliant book. Sowell illuminates how every society operates. In the process he also shows how the performance of our own society can be improved.&quot; --Milton Friedman  <p>  </p></p>]]>
  </description>
  <published>1980</published>
</book>

    <rating>5</rating>
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  <read_at>Thu Jun 25 00:00:00 -0700 2009</read_at>
  <date_added>Thu Apr 16 14:36:05 -0700 2009</date_added>
  <date_updated>Mon Jun 29 08:57:39 -0700 2009</date_updated>
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    <body><![CDATA[I think that I will have to lower all of the ratings of my other books as this book reaches whole new levels of cerebral satisfaction. ]]></body>
    
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