Barry Schwartz on our loss of wisdom:
http://www.ted.com/talks/barry_schwartz_on_our_loss_of_wisdom.html
"Barry Schwartz makes a passionate call for "practical wisdom" as an antidote to a society gone mad with bureaucracy. He argues powerfully
that rules often fail us, incentives often backfire, and practical, everyday wisdom will help rebuild our world.About Barry Schwartz
Barry Schwartz studies the link between economics and psychology, offering startling insights into modern life. Lately, working with Ken Sharpe, he's studying wisdom."