“It is unnecessary to attempt any general rule as to where the overall balance lies in comparing the respective costs of knowledge in larger and smaller decision-making units. What is important is to understand that (1) the respective cost advantages of the large and small units differ according to the kind of knowledge involved (general versus specific), that (2) most decisions involve mixtures of the two kinds of knowledge, so that the net advantages of the larger and smaller units vary with the kind of decision, and (3) the effectiveness of hierarchical subordination varies with the extent to which the subordinate unit has knowledge advantages over the higher unit.”

— Thomas Sowell

Source: 1980s–1990s, Knowledge and Decisions (1980; 1996), Ch. 1 : The Role of Knowledge

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American economist, social theorist, political philosopher … 1930

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“While decisions are constrained by the kinds of organizations and the kinds of knowledge involved, the Impetus for decisions comes from the internal preferences and external incentives facing those who actually make the decisions.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

Source: 1980s–1990s, Knowledge and Decisions (1980; 1996), Ch. 1 : The Role of Knowledge

“Complexity. In general individual decision makers must be assumed to have multidimensional values which attach nonmonetary subjective cost or value to (1) the process of making and executing individual or group decisions, (2) the end result of such decisions, and (3) the rewards (and perhaps behavior) of other individuals involved in the decision process.”

Vernon L. Smith (1927) American economist

Source: "Relevance of laboratory experiments to testing resource allocation theory," 1980, p. 348.

“This paper analyzes the relations between knowledge, control and organizational structure both in the market system as a whole and in private organizations. Limitations on the mental capacity of the human mind and the costs of producing and transferring knowledge means that knowledge relevant to all decisions can never be collected in the mind of a single individual or a small body of experts. This means that if the knowledge valuable to a particular decision is to be used in making that decision, there must be a system for partitioning out decision rights to individuals who already have the relevant knowledge and abilities or who can acquire or produce them at the lowest cost. Self interest on the part of individual decision-makers means a control system is required to motivate individuals with the decision rights and the relevant knowledge to use those decision rights appropriately. This control problem is solved in a capitalist economy by a system of alienable property rights.”

Michael Jensen (1939) American economist

Michael C. Jensen and William H. Meckling. "Specific and general knowledge and organizational structure." (1992).

“What is knowledge? Ever since class society came into being the world has had only two kinds of knowledge, knowledge of the struggle of production and knowledge of the class struggle. Natural science and social science are the crystallization of these two kinds of knowledge, and philosophy is the generalization and summation of the knowledge of nature.”

Mao Zedong (1893–1976) Chairman of the Central Committee of the Communist Party of China

Original: (zh-CN) 什么是知识？自从有阶级的社会存在以来，世界上的知识只有两门，一门叫做生产斗争知识，一门叫做阶级斗争知识。自然科学、社会科学，就是这两门知识的结晶，哲学则是关于自然知识和社会知识的概括和总结。 note: "整顿党的作风"
Source: "Rectify the Party's Style of Work" (1942)

“Each path to knowledge involves different rules and these rules are not interchangeable.”

Barack Obama (1961) 44th President of the United States of America

Source: The Audacity of Hope: Thoughts on Reclaiming the American Dream

“What keeps the world from reverting to the Neandertal with each generation is the continuing, ongoing mythos, transformed into logos but still mythos, the huge body of common knowledge that unites our minds as cells are united in the body of man. To feel that one is not so united, that one can accept or discard this mythos as one pleases, is not to understand what the mythos is.”

Robert M. Pirsig book Zen and the Art of Motorcycle Maintenance

Source: Zen and the Art of Motorcycle Maintenance (1974), Ch. 28
Context: The mythos-over-logos argument points to the fact that each child is born as ignorant as any caveman. What keeps the world from reverting to the Neandertal with each generation is the continuing, ongoing mythos, transformed into logos but still mythos, the huge body of common knowledge that unites our minds as cells are united in the body of man. To feel that one is not so united, that one can accept or discard this mythos as one pleases, is not to understand what the mythos is.