Knowledge and Decisions
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Narrated by:
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Robertson Dean
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By:
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Thomas Sowell
About this listen
This reissue of Thomas Sowell’s classic study of decision making, which includes a preface by the author, updates his seminal work in the context of The Vision of the Anointed. 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 not only our economic and political efficiency but our very freedom. This is because actual knowledge is being replaced by assumptions based on an abstract and elitist social vision of what ought to be.
Knowledge and Decisions, a winner of the 1980 Law and Economics Center Prize, was heralded as a landmark work and selected for this prize “because of its cogent contribution to our understanding of the differences between the market process and the process of government.” In announcing the award, the center acclaimed that the “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, [this] work goes deeper and becomes even more significant.”
Thomas Sowell is currently a scholar in residence at the Hoover Institution, Stanford University. He has been published in both academic journals and such popular media as the Wall Street Journal, Forbes, and Fortune and writes a syndicated column for newspapers across the country.
©1980 Basic Books, Inc. Preface 1996 by Thomas Sowell (P)2012 Blackstone Audio, Inc.Listeners also enjoyed...
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4 out of 5 stars
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5 out of 5 stars
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Critical read for 2008 change election
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Story4.5 out of 5 stars 526
The foundations of capitalism are being battered by a flood of altruism, which is the cause of the modern world's collapse. This was the view of Ayn Rand, a view so radically opposed to prevailing attitudes that it constituted a major philosophic revolution. In this series of essays, she presented her stand on the persecution of big business, the causes of war, the default of conservatism, and the evils of altruism.
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5 out of 5 stars
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Ashame this is not taught in our
- By Karen on 08-18-07
By: Ayn Rand
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Economics for the Common Good
- By: Jean Tirole, Steven Rendell - translator
- Narrated by: Jonathan Davis
- Length: 18 hrs and 54 mins
- Unabridged
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Overall4.5 out of 5 stars 56
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Performance4.5 out of 5 stars 44
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Story4.5 out of 5 stars 42
When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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4 out of 5 stars
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A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
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The Constitution of Liberty
- The Definitive Edition
- By: Ronald Hamowy - Edited by, F. A. Hayek
- Narrated by: Mike Chamberlain
- Length: 20 hrs and 7 mins
- Unabridged
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Overall5 out of 5 stars 116
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Performance4.5 out of 5 stars 103
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Story5 out of 5 stars 102
The Constitution of Liberty is considered Hayek's classic statement on the ideals of freedom and liberty, ideals that he believes have guided - and must continue to guide - the growth of Western civilization. Here, Hayek defends the principles of a free society, casting a skeptical eye on the growth of the welfare state and examining the challenges to freedom posed by an ever-expanding government.
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5 out of 5 stars
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very detailed and important
- By Big Kyle 570 on 06-17-20
By: Ronald Hamowy - Edited by, and others
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Libertarianism
- What Everyone Needs to Know
- By: Jason Brennan
- Narrated by: Nicholas Ramsey
- Length: 6 hrs and 37 mins
- Unabridged
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Overall4.5 out of 5 stars 35
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Performance4.5 out of 5 stars 29
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Story4.5 out of 5 stars 28
Historically, Americans have seen libertarians as far outside the mainstream, but with the rise of the Tea Party movement, libertarian principles have risen to the forefront of Republican politics. But libertarianism is more than the philosophy of individual freedom and unfettered markets that Republicans have embraced. Indeed, as Jason Brennan points out, libertarianism is a quite different - and far richer - system of thought than most of us suspect. In this timely new entry in Oxford's acclaimed series What Everyone Needs to Know, Brennan offers a nuanced portrait of libertarianism.
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5 out of 5 stars
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very informative
- By S. Schmidt on 09-21-19
By: Jason Brennan
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The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
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Overall4.5 out of 5 stars 308
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Performance4.5 out of 5 stars 261
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Story4.5 out of 5 stars 260
Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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5 out of 5 stars
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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Active Liberty
- Interpreting Our Democratic Constitution
- By: Stephen Breyer
- Narrated by: Stephen Breyer
- Length: 3 hrs and 35 mins
- Unabridged
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Overall4 out of 5 stars 88
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Performance4 out of 5 stars 51
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Story4 out of 5 stars 51
First published in September 2005 and based on a series of lectures delivered at Harvard, Active Liberty is a tight, extremely readable, almost memoir-like guide to interpreting the Constitution. Written by a justice of the Supreme Court, it focuses on a pragmatic approach to this great document that may become crucial as the Supreme Court faces deeply divisive decisions.
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5 out of 5 stars
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Engaging, If Somewhat Dense
- By Maki on 09-04-07
By: Stephen Breyer
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Ill Fares the Land
- By: Tony Judt
- Narrated by: James Adams
- Length: 5 hrs and 40 mins
- Unabridged
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Overall4.5 out of 5 stars 121
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Performance4.5 out of 5 stars 91
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Story4.5 out of 5 stars 92
In Ill Fares The Land, Tony Judt, one of our leading historians and thinkers, reveals how we have arrived at our present dangerously confused moment. Judt masterfully crystallizes what we've all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.
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4 out of 5 stars
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Blah, Blah, Blah.
- By Michael on 07-15-10
By: Tony Judt
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The Economics of Inequality
- By: Thomas Piketty, Arthur Goldhammer - translator
- Narrated by: L. J. Ganser
- Length: 4 hrs and 41 mins
- Unabridged
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Overall4 out of 5 stars 178
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Performance4 out of 5 stars 145
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Story4 out of 5 stars 143
Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.
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4 out of 5 stars
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A Survey of the Economics of Inequality
- By Darwin8u on 12-19-16
By: Thomas Piketty, and others
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The Socialist Temptation
- By: Iain Murray
- Narrated by: James Langton
- Length: 6 hrs and 13 mins
- Unabridged
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Overall5 out of 5 stars 22
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Performance5 out of 5 stars 20
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Story5 out of 5 stars 20
Just 30 years ago, socialism seemed utterly discredited. An economic, moral, and political failure, socialism had rightly been thrown on the ash heap of history after the fall of the Berlin Wall. Unfortunately, bad ideas never truly go away — and socialism has come back with a vengeance. A generation of young people who don’t remember the misery that socialism inflicted on Russia and Eastern Europe is embracing it all over again.
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5 out of 5 stars
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Full Of Important Insights
- By Ralph Alderson on 12-17-20
By: Iain Murray
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The Sovereign Individual
- Mastering the Transition to the Information Age
- By: James Dale Davidson, Peter Thiel - preface, William Rees-Mogg
- Narrated by: Michael David Axtell
- Length: 19 hrs and 20 mins
- Unabridged
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Overall4.5 out of 5 stars 1,408
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Performance5 out of 5 stars 1,134
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Story4.5 out of 5 stars 1,129
Two renowned investment advisors and authors of the best seller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
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3 out of 5 stars
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Unfortunately distopian for mosty of humanity
- By Phil on 09-29-20
By: James Dale Davidson, and others
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The Origins of Political Order: From Prehuman Times to the French Revolution
- By: Francis Fukuyama
- Narrated by: Jonathan Davis
- Length: 22 hrs and 34 mins
- Unabridged
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Overall4.5 out of 5 stars 2,914
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Performance4.5 out of 5 stars 2,489
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Story4.5 out of 5 stars 2,466
Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today’s developing countries—with often disastrous consequences for the rest of the world.
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3 out of 5 stars
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Few forests, but lots of trees
- By Steve Pagano on 10-05-15
By: Francis Fukuyama
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Equal Is Unfair
- America's Misguided Fight Against Income Inequality
- By: Don Watkins, Yaron Brook
- Narrated by: Jeff Cummings
- Length: 9 hrs and 8 mins
- Unabridged
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Overall4.5 out of 5 stars 620
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Performance4.5 out of 5 stars 566
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Story4.5 out of 5 stars 567
We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.