No One Has Characterized Market Mechanisms Better

Engineers Are Not The Only Professional Designers. Everyone Designs Who Devises Courses Of Action Aimed At Changing Existing Situations Into Preferred Ones. The Intellectual Activity That Produces Material Artefacts Is No Different Fundamentally From The One That Prescribes Remedies For A Sick Patient Or The One That Devises A New Sales Plan For A Company Or A Social Welfare Policy For A State.

A Complex Decision Is Like A Great River, Drawing From Its Many Tributaries The Innumerable Premises Of Which It Is Constituted.

Human Knowledge Has Been Changing From The Word Go And People In Certain Respects Behave More Rationally Than They Did When They Didn't Have It. They Spend Less Time Doing Rain Dances And More Time Seeding Clouds.

The World Is Vast, Beautiful, And Fascinating, Even Awe-inspiring - But Impersonal. It Demands Nothing Of Me, And Allows Me To Demand Nothing Of It.

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.