Maxioms by Thomas Sowell
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.
Policies are judged by their consequences, but crusades are judged by how good they make the crusaders feel.
Policies are judged by their consequences, but crusades are judged by how good they make the crusaders feel.
The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that read more
The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to "help."
The celebration of unbounded individualism means, beyond some point, the acceptance of force- either private (crime, riot, vigilanteism) or public read more
The celebration of unbounded individualism means, beyond some point, the acceptance of force- either private (crime, riot, vigilanteism) or public (authoritarianism).
Where intellectuals have played a role in history, it has not been so much by whispering words of advice into read more
Where intellectuals have played a role in history, it has not been so much by whispering words of advice into the ears of political overlords as by contributing to the vast and powerful currents of conceptions and misconceptions that sweep human action along.