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Maxioms by Thomas Sowell

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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.

by Thomas Sowell Found in: Society Quotes,
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To include freedom in the very definition of democracy is to define a process not by its actual characteristics as read more

To include freedom in the very definition of democracy is to define a process not by its actual characteristics as a process but by its hoped for results. This is not only intellectually invalid, it is, in practical terms, blinding oneself in advance to some of the unwanted consequences of the process.

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One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making read more

One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making units, the structuring of their incentives, and the counterbalancing of the units against one another, rather than on the more usual (and more exciting) principle of substituting "the good guys" for "the bad guys.".

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Envy plus rhetoric equals "social justice.".

Envy plus rhetoric equals "social justice.".

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Facts do not "speak for themselves." They speak for or against competing theories. Facts divorced from theories or visions are read more

Facts do not "speak for themselves." They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities.

by Thomas Sowell Found in: Society Quotes,
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