"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
About this Quote
This quote by Thomas Sowell is a criticism of the idea of delegating important decisions to people who are not held accountable for their mistakes. He believes that it is silly and hazardous to allow people to make choices with no repercussions for being incorrect. He is recommending that choices must be made by individuals who are willing to take obligation for their actions and who will suffer the repercussions of their errors. This is a pointer that choices must be made with care and factor to consider, and that those who make them must be held responsible for their actions. It is very important to keep in mind that choices have real-world implications and should not be ignored.
This quote is written / told by Thomas Sowell somewhere between July 30, 1930 and today. He/she was a famous Economist from USA.
The author also have 47 other quotes.