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Maxioms by Thomas Sowell

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The anointed don't like to talk about painful trade-offs. They like to talk about happy "solutions" that get rid of read more

The anointed don't like to talk about painful trade-offs. They like to talk about happy "solutions" that get rid of the whole problem- at least in their imagination.

by Thomas Sowell Found in: Society Quotes,
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The principles applied in economic processes are general social principles.

The principles applied in economic processes are general social principles.

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Various kinds of ideas can be classified by their relationship to the authentication process. There are ideas systematically prepared for read more

Various kinds of ideas can be classified by their relationship to the authentication process. There are ideas systematically prepared for authentication ("theories"), ideas not derived from any systematic process ("visions"), ideas which could not survive any reasonable authentication process ("illusions"), ideas which exempt themselves from any authentication process ("myths"), ideas which have already passed authentication processes ("facts"), as well as ideas known to have failed- or certain to fail- such processes ("falsehoods" - both mistakes and lies).

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"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic read more

"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.

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One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making read more

One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making units, the structuring of their incentives, and the counterbalancing of the units against one another, rather than on the more usual (and more exciting) principle of substituting "the good guys" for "the bad guys.".

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