Maxioms by Thomas Sowell
"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic read more
"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.
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.
Various kinds of ideas can be classified by their relationship to the authentication process. There are ideas systematically prepared for read more
Various kinds of ideas can be classified by their relationship to the authentication process. There are ideas systematically prepared for authentication ("theories"), ideas not derived from any systematic process ("visions"), ideas which could not survive any reasonable authentication process ("illusions"), ideas which exempt themselves from any authentication process ("myths"), ideas which have already passed authentication processes ("facts"), as well as ideas known to have failed- or certain to fail- such processes ("falsehoods" - both mistakes and lies).
It is precisely those things which belong to "the people" which have historically been despoiled- wild creatures, the air, and read more
It is precisely those things which belong to "the people" which have historically been despoiled- wild creatures, the air, and waterways being notable examples. This goes to the heart of why property rights are socially important in the first place. Property rights mean self-interested monitors. No owned creatures are in danger of extinction. No owned forests are in danger of being leveled. No one kills the goose that lays the golden egg when it is his goose.
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.