At both a micro-information level and a macro-societal level, the concepts of "knowledge" and "wisdom" are complementary - in both decisions and in social structures and institutions. At the decision level, knowledge is concerned with how to make a proper choice of means, where "best" is measured as the efficiency toward achieving an end. Wisdom is concerned with how to make a proper choice of ends that attain "best" values. At a societal...
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Business Business & Investing Engineering Social Science Social Sciences Technology