A Quote by Thomas Sowell

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. — © Thomas Sowell
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
In their zeal for particular kinds of decisions to be made, those with the vision of the anointed seldom consider the nature of the: process: by which decisions are made. Often what they propose amounts to third-party decision making by people who pay no cost for being wrong-surely one of the least promising ways of reaching decisions satisfactory to those who must live with the consequences.
If (the West) shows its rigidity by making unjust decisions and putting their threats into practice, the Iranian people will not be the only ones to pay the price.
For me, it's infinitely more interesting to read or watch a character making decisions they think are right, but the audience knows differently, and seeing that disconnect. The only way characters can grow and learn is by making the wrong decisions and then learning from them.
There is clearly risk associated with empowering your team to make more and faster decisions at a lowerlevel than was previously the norm. As you take your hands off the wheel, you need to be more vigilant and aware than ever about the decisions your team is making.
Putting somebody else in crisis mode and causing them to make quicker decisions, urgent decisions, rather than prolonged, more logical decisions can be very advantageous. So, to be successful in business, you have to understand the power of confrontation and how to use it correctly.
The more decisions we make in a day, the more likely we are to make bad decisions - because deciding wears us down. You start making decisions in the morning, and by the middle of the afternoon, you're running on fumes.
What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.
People have very difficult lives. We can judge them for making the wrong decisions, but if you look harder and understand that these lives can be difficult, hopefully you're at least a bit more sympathetic to the decisions these people have to make.
But to procrastinate and prevaricate simply because you're afraid of erring, when others - I mean our brethren in Germany - must make infinitely more difficult decisions every day, seems to me almost to run counter to love. To delay or fail to make decisions may be more sinful than to make wrong decisions out of faith and love.
More often than not, the easy decisions are the wrong decisions, and sometimes we feel like we're going backward when we're actually moving forward.
There are studies that have shown that we make decisions, ethical and otherwise, based on the way we imagine ourselves as characters in the stories of our lives. In other words, if we imagine ourselves brave or crazy or open, we're more likely to make decisions in a given situation based on how we imagine ourselves, whatever the facts may be.
People were paid lots of money to make stupid decisions, people in big banks, and when people are paid to be stupid they'll be stupid. The question was, did they know they were being stupid or were they just stupid? I think you need to take it on a case by case basis. There was some sinister activity, but I think by and by it was people being incentivised to do the wrong thing.
The way to make better decisions is to make more of them. Then make sure you learn from each one, including those that don't seem to work out in the short term: they will provide valuable distinctions to make better evaluations and therefore decisions in the future. Realize that decision making, like any skill you focus on improving, gets better the more often you do it.
Writing a novel, when it's all going well, it's wonderful. You're lost in the world, and you have a relationship with your own mind. Also, as a novelist, you don't have to yell at anyone. But being an executive producer of a TV show, all you have is people coming at you with questions, and you're making decisions, decisions, decisions.
I definitely had a big head, and I'll be the first to admit that I made some bad decisions. But back when I was making those decisions, in my head I was doing no wrong.
Through the plan of prayer, God actually is inviting redeemed man into full partnership with Him; not in making the divine decisions, but in implementing those decisions in the affairs of humankind. Independently and of His own will, God makes the decisions governing the affairs of earth. The responsibility and authority for the enforcement and administration of those decisions, He has place upon the shoulders of the church.
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