Maxioms by Thomas Sowell
The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means read more
The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means that in social processes, as in economic processes, it is not only impossible to attain perfection but irrational to seek perfection- or even to seek the "best possible" result in each separate instance.
What is ominous is the ease with which some people go from saying that they don't like something to saying read more
What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
Civilization is an enormous device for economizing knowledge,.
Civilization is an enormous device for economizing knowledge,.
What is more frightening than any particular policy or ideology is the widespread habit of disregarding facts.
What is more frightening than any particular policy or ideology is the widespread habit of disregarding facts.
