Maxioms by Thomas Sowell
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.
Considering the enormous range of human knowledge, from intimate personal knowledge of specific individuals to the complexities of organizations and read more
Considering the enormous range of human knowledge, from intimate personal knowledge of specific individuals to the complexities of organizations and the subtleties of feelings, it is remarkable that one speck in this firmament should be the sole determinant of whether someone is considered knowledgeable or ignorant in general. Yet it is a fact of life that an unlettered person is considered ignorant, however much he may know about nature and man, and a Ph.D. is never considered ignorant, however barren his mind might be outside his narrow specialty and however little he grasps about human feeling or social complexities.
There are few things more dishonorable than misleading the young.
There are few things more dishonorable than misleading the young.
Much of the social history of the Western world, over the past three decades, has been a history of replacing read more
Much of the social history of the Western world, over the past three decades, has been a history of replacing what has worked with what sounded good. In area after area- crime, education, housing, race relations- the situation has gotten worse after the bright new theories were put into operation. The amazing thing is that this history of failure and disaster has neither discouraged the social engineers nor discredited them.
Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in read more
Knowledge can be enormously costly, and is often scattered in widely uneven fragments, too small to be individually usable in decision making. The communication and coordination of these scattered fragments of knowledge is one of the basic problems- perhaps the basic problem- of any society.