Thomas Sowell Quotes:
Ocupation: Economist
Life: b. June 30, 1930
Birthday: June 30
Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include important decision-making processes, such as the family, but also produce much of the background social capital without which the other major institutions of society could not function nearly as effectively as they do.
source: Thomas Sowell (1996). “Knowledge And Decisions”, p.30, Basic Books
topic: Decision, Important, Social, Decision Making Process, Important Decisions, Social Capital
