Thomas Sowell

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that read more

It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.

The celebration of unbounded individualism means, beyond some point, the acceptance of force- either private (crime, riot, vigilanteism) or public read more

The celebration of unbounded individualism means, beyond some point, the acceptance of force- either private (crime, riot, vigilanteism) or public (authoritarianism).

Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can read more

Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can be too moral.

Any politician who starts shouting election-year demagoguery about the rich and the poor should be asked, "What about the other read more

Any politician who starts shouting election-year demagoguery about the rich and the poor should be asked, "What about the other 90 percent of the people?"