Maxioms by Thomas Sowell
To say that a farm boy knows how to milk a cow is to say that we can send him read more
To say that a farm boy knows how to milk a cow is to say that we can send him out to the barn with an empty pail and expect him to return with milk. To say that a criminologist understands crime is not to say that we can send him out with a grant or a law and expect him to return with a lower crime rate. He is more likely to return with a report on why he has not succeeded yet, and including the inevitable need for more money, a larger staff, more sweeping powers, etc.
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
Force is the antithesis of freedom, but force must be used, if only to defend against other force.
Force is the antithesis of freedom, but force must be used, if only to defend against other force.
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.