Maxioms by Thomas Sowell
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.
Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge read more
Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge more difficult rather than easier. Many ideas- probably most- will have to be discarded somewhere in the process of producing authenticated knowledge. Authentication is as important as the raw information itself, and the manner and speed of the authentication process can be crucial...
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
The most basic question is not what is best but who shall decide what is best.
The most basic question is not what is best but who shall decide what is best.
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.
