Decision-making Quotes - page 2
Heaven may not be a possible world when you take it in isolation by itself. It may be that the only way in which God could actualize a heaven of free creatures all worshiping Him and not falling into sin would be by having, so to speak, this run-up to it, this advance life during which there is a veil of decision-making in which some people choose for God and some people against God. Otherwise you don't know that heaven is an actualizable world. You have no way of knowing that possibility.
William Lane Craig
Since I shall be indicating my disagreement with some of the points made by Professor Israel Kirzner, let me stress that I am in complete sympathy with his point of departure, namely, the emphasis on the dispersion of information among economic decision-making units (called by him, "Hayek's knowledge problem") and the consequent problem of transmission of information among those units.
Much of my own research work since the 1950s has been focused on issues in welfare economics viewed from an informational perspective. The ideas of Hayek (whose classes at the London School of Economics I attended during the academic year 1938-39) have played a major role in influencing my thinking and have been so acknowledged.
Leonid Hurwicz
During and after World War II, a large number of academic economists were exposed directly to business life, and had more or less extensive opportunities to observe how decisions were actually made in business organizations. Moreover, those who became active in the development of the new management science were faced with the necessity of developing decision-making procedures that could actually be applied in practical situations. Surely these trends would be conducive to moving the basic assumptions of economic rationality in the direction of greater realism.
Herbert Simon
The function of knowledge in the decision-making process is to determine which consequences follow upon which of the alternative strategies. It is the task of knowledge to select from the whole class of possible consequences a more limited subclass, or even (ideally) a single set of consequences correlated with each strategy.
Herbert Simon
Brain research in the last five years at Dartmouth and elsewhere has shown that human brains are not fully developed until age 25 and are particularly deficient in their frontal lobes, which control decision-making, rational thinking, judgment, the ability to plan ahead and to resist impulses. Unfortunately, we didn't know that in 1971. Those of you who have made it to age 26 without dying in a stupid drinking game - and I think congratulations are in order, by the way - understand how insane it is to allow young people to vote.
Ann Coulter
The UN has been a very powerful vehicle for human unity and it is so important that the United States works to assure that the United Nations is effective. Unfortunately, our nation in recent years has attempted to undermine the role of the United Nations and the Security Council in international decision-making. The war in Iraq was a glaring example of the destructive path...
Dennis Kucinich
...it is already clear that the policies that we have been pursuing have brought about a profound cultural change in this country. That, indeed, is what it is all about. For that cultural change is the only route to the economic success that we all wish to see, and which is no longer promise but reality. No longer do people accept that economic policy should be about regulating everyone's lives and imposing penal tax rates, in the illusion that that will benefit those on lower incomes. Instead, it is now widely recognised except on the Opposition Benches that one cannot make the poor rich by making the rich poor and that there are enormous benefits in getting the state off people's backs, in transferring decision-making from the state to the people. And it is now abundantly clear that giving greater freedom and greater incentives has removed the shackles that have held back Britain for so many years and has liberated a great surge in enterprise.
Nigel Lawson
Though IIPA has done commendable work, there is much more that can be done to increase the importance as a catalyst for change in public administration. It (IIPA) should also make ethical governance the central focus in its training calendar. It only implies that there should be no undue delay in decision-making and delivery of services. The absence of good governance has been identified as the root cause of many of the societal shortcomings.
Pranab Mukherjee
While we can doubtless look to some wide changes in the shapes of social relationships as a result of contemporary libertarian movements, and especially to an increase in workers' involvement in decision-making at the place of work and in the development of forms of democracy more direct and more sensitive to modern conditions, it is unlikely that the general outcome will be the wholly non-governmental society of which libertarians now and in the past have dreamed. The value of anarchism is likely to remain primarily in its force as an inspiring idea, an activating vision...
George Woodcock
