Abstract
ordinary person makes decisions every day that are important to maintaining his health. But those decisions are familiar and routine. For new decisions, important decisions, he would usually appoint a doctor to the task. The practice of serious medicine is the province of the doctor, just as the practice of architectural safety is the province of the engineer, and food safety the province of chemists and pharmacologists. In these fields, the practitioner is a specialized expert. Even when the ordinary individual takes on medical decisions himself, he does so after gaining some pointed knowledge of his particular condition and, in a meaningful sense, becoming a narrow sort of expert. (A Yiddish proverb says: Don't ask the doctor ask the patient. ) Who makes the important decisions in political economy? Unlike the case in medicine, engineering, and other technical fields, the decision-maker is not the trained expert. The practi-
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
