Maxioms by Thomas Sowell
Join in the new game that's sweeping the country. It's called "Bureaucracy" Everybody stands in a circle. The first person read more
Join in the new game that's sweeping the country. It's called "Bureaucracy" Everybody stands in a circle. The first person to do anything loses.
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions read more
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge read more
Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge more difficult rather than easier. Many ideas- probably most- will have to be discarded somewhere in the process of producing authenticated knowledge. Authentication is as important as the raw information itself, and the manner and speed of the authentication process can be crucial...
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
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.
