Maxioms by Thomas Sowell
Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only read more
Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.
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.
What is politically defined as economic "planning" is the forcible superseding of other people's plans by government officials.
What is politically defined as economic "planning" is the forcible superseding of other people's plans by government officials.
Organizational progress parallels that in science and technology, permitting ultimate simplicity through intermediate complexity.
Organizational progress parallels that in science and technology, permitting ultimate simplicity through intermediate complexity.
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility read more
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
