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Decisions based on incomplete information are one thing, a fact of political life. Decisions made with no information are another.

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Decisions are always made with insufficient information. If you really knew what was going on, the decision would make itself.

A decision is the action an executive must take when he has information so incomplete that the answer does not suggest itself.

A decision worthy of the name is based on observation, factual information, intellectual and ethical judgment. Opinion — that darling of the press, the politician, and the poll — may be based on no information at all.

When you got right down to it, every important decision in life was made with inadequate information.

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Public decision making is complicated and not well understood. Contrary to simple methods of democracy, there appear to be forces pulling government expenditures away from levels that would be preferred by the median voter.

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A politician has to bear the weight of decisions whose effects are often enormous. And those decisions have to be taken. A controversial decision is better than no decision or waiving it, since it permits a situation to be brought under control while allowing it to be reined in with the possibility of correction.

[That] is the essence of poker: making tricky decisions based on incomplete information.

There are no bad people, there are people with insufficient information to make appropriate decisions.

Man has the hardest job of all, the job of making decisions on incomplete data.

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There is something wrong with the way in which we make our decisions. The Government listen too much to the pollsters and the party managers. The trouble is that they are not even very good at politics, and they are entering too much into policy decisions. As a result, there is too much short-termism, too much reacting to events, and not enough shaping of events. We give the impression of being in office but not in power. Far too many important decisions are made for 36 hours' publicity.

Knowledge is making the right choice with all the information.

Wisdom is making the right choice without all the information.

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