Two Structural Reasons Why Government Fails
- Highlight Loc. 26-29 | Added on Monday, November 14, 2011, 07:54 PM
What complicates this further is that a good deal of the relevant knowledge is tacit, meaning that even those who possess it cannot specify what they know. How do you keep your balance on a bicycle or know when to pull your foot off the clutch in a manual transmission? You know how to do those things, but explaining in detail exactlywhat you do is impossible.