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Maxioms by Thomas Sowell

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Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: read more

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.

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People who have time on their hands will inevitably waste the time of people who have work to do.

People who have time on their hands will inevitably waste the time of people who have work to do.

by Thomas Sowell Found in: Society Quotes,
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It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions read more

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

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The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The read more

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The first lesson of politics is to disregard the first lesson of economics.

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Freedom...refer[s] to a social relationship among people- namely, the absence of force as a prospective instrument of decision making. Freedom read more

Freedom...refer[s] to a social relationship among people- namely, the absence of force as a prospective instrument of decision making. Freedom is reduced whenever a decision is made under threat of force, whether or not force actually materializes or is evident in retrospect.

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