Quotation of the Day…

by Don Boudreaux on February 8, 2015

in Hubris and humility, Other People's Money

… is from page 17 of Thomas Sowell’s 2009 volume, Intellectuals and Society:

Why the transfer of decisions from those with personal experience and a stake in the outcome to those with neither can be expected to lead to better decisions is a question seldom asked, much less answered.

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