Thomas Sowell

The black family survived centuries of slavery and generations of Jim Crow, but it has disintegrated in the wake of read more

The black family survived centuries of slavery and generations of Jim Crow, but it has disintegrated in the wake of the liberals' expansion of the welfare state.

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.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. read more

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Leaving prices out of the picture is probably the source of more fallacies in economics than any other single misconception.

Leaving prices out of the picture is probably the source of more fallacies in economics than any other single misconception.

While rationalism at the individual level is a plea for more personal autonomy from cultural norms, at the social level read more

While rationalism at the individual level is a plea for more personal autonomy from cultural norms, at the social level it is often a claim- or arrogation- of power to stifle the autonomy of others.