Thomas Sowell

Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to read more

Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.

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).

Mystical references to "society" and its programs to "help" may warm the hearts of the gullible but what it really read more

Mystical references to "society" and its programs to "help" may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats.

Cultures contain many cues and inducements to dissuade the individual from approaching ultimate limits, in much the same way that read more

Cultures contain many cues and inducements to dissuade the individual from approaching ultimate limits, in much the same way that a special warning strip of land around the edge of a baseball field lets a player know that he is about to run into a concrete wall when he is preoccupied with catching the ball. The wider that strip of land and the more sensitive the player is to the changing composition of the ground under his feet as he pursues the ball, the more effective the warning. Romanticizing or lionizing as "individualistic" those people who disregard social cues and inducements increases the danger of head-on collisions with inherent social limits. Decrying various forms of social disapproval is in effect narrowing the warning strip.

The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should read more

The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.