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.

Some of my favorite quotes from his speech:

A wise person knows when and how to make an exception to every rule
A wise person knows how to improvise
A wise person is made, not born

Excellent speech, you will thoroughly enjoy watching this clip