Thomas Sowell

One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that read more

One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.

Ideas are everywhere, but knowledge is rare.

Ideas are everywhere, but knowledge is rare.

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.

The more adaptability exists for a given kind of decision, the less risky it is to make plans for the read more

The more adaptability exists for a given kind of decision, the less risky it is to make plans for the future, and therefore the more likely it is that more people will make more plans in such areas.

The principles applied in economic processes are general social principles.

The principles applied in economic processes are general social principles.