Practical Wisdom

January 12th, 2011

Everywhere we turn today we see a kind of cynicism about all of our institutions. From Governance, to business to banking and education, we have lost faith in how things work and why. We fear change yet damn the status quo. We know something is wrong, yet practically speaking, we know we must integrate change and modernity into how we see the world. How do we begin to get a handle on this? We know that its not as simple as a set of rules, or even a change of leaders. Professor Barry Schwartz argues that the answer lies in what he calls Practical Wisdom. Something in short supply these days. My conversation with Barry Schwartz: