Quotation of the Day…

(Don Boudreaux)

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… is from page 261 of University of Notre Dame philosopher James Otteson’s excellent 2021 book, Seven Deadly Economic Sins:

To develop one’s judgment properly, one first needs the freedom to make decisions for oneself, because judgment, like other skills, must be practiced to develop. But one must also be held responsible for one’s decisions, because it is through feedback – negative or positive, as the case may be – that one learns to correct, hone, and develop one’s judgment.