Thomas Sowell

Much of what sophisticates loftily refer to as the "complexity" of the real world is in fact the inconsistency in read more

Much of what sophisticates loftily refer to as the "complexity" of the real world is in fact the inconsistency in their own minds.

The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that read more

The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to "help.".

Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in read more

Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in decision making. The communication and coordination of these scattered fragments of knowledge is one of the basic problems- perhaps the basic problem- of any society.

Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast read more

Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast numbers of people who do not themselves exercise these rights.

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.