Maxioms by Thomas Sowell
It is amazing how many of those who consider themselves "thinking people" respond automatically to words the way Pavlov's dog read more
It is amazing how many of those who consider themselves "thinking people" respond automatically to words the way Pavlov's dog was conditioned to respond to certain sounds.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The 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.
Education is not merely neglected in many of our schools today, but is replaced to a great extent by ideological read more
Education is not merely neglected in many of our schools today, but is replaced to a great extent by ideological indoctrination.
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.