Knowledge and Decisions¶
Sowell, T. (1980). Knowledge and Decisions. Basic Books.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Price Mechanism
- Sowell's 1980 Knowledge and Decisions expanded this tension into a broader critique of central planning's information limitations
This sourceExtends Hayek's information-aggregation argument into a general theory of how prices, institutions, and decision-rights together coordinate dispersed knowledge across society.
- Sowell's 1980 Knowledge and Decisions expanded this tension into a broader critique of central planning's information limitations
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