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Navigating Wisdom in Governance
This chapter examines the factors that contribute to wise decision-making within governments, focusing on the roles of folly, friction, and pain. It discusses the interplay between democracy and authoritarianism in fostering wisdom, alongside historical examples like the Marshall Plan. The speakers also analyze the differences in decision-making between genders and the influence of deep-rooted ideologies on governance, emphasizing the need for a nuanced understanding of decision-making processes.