The Social Sciences, I Thought, Needed The

Anything That Gives Us New Knowledge Gives Us An Opportunity To Be More Rational.

Most Of What We Do To Get People Ready To Act In Situations Of Encounter Consists Of Drilling These Lists Into Them Sufficiently Deeply So That They Will Be Evoked Quickly At The Time Of The Decision.

No One Has Characterized Market Mechanisms Better Than Friedrich Von Hayek

Because He Treats The World As Rather Empty And Ignores The Interrelatedness Of All Things (so Stupefying To Thought And Action), Administrative Man Can Make Decisions With Relatively Simple Rules Of Thumb That Do Not Make Impossible Demands Upon His Capacity For Thought.

What Information Consumes Is Rather Obvious: It Consumes The Attention Of Its Recipients. Hence A Wealth Of Information Creates A Poverty Of Attention, And A Need To Allocate That Attention Efficiently Among The Overabundance Of Information Sources That Might Consume It.