Thomas Sowell ( 10 of 95 )
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.
While rationalism at the individual level is a plea for more personal autonomy from cultural norms, at the social level read more
While rationalism at the individual level is a plea for more personal autonomy from cultural norms, at the social level it is often a claim- or arrogation- of power to stifle the autonomy of others.
Nothing as mundane as mere evidence can be allowed to threaten a vision so deeply satisfying.
Nothing as mundane as mere evidence can be allowed to threaten a vision so deeply satisfying.
Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can read more
Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can be too moral.
"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic read more
"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.
Any politician who starts shouting election-year demagoguery about the rich and the poor should be asked, "What about the other read more
Any politician who starts shouting election-year demagoguery about the rich and the poor should be asked, "What about the other 90 percent of the people?"
Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about read more
Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help
Organizational progress parallels that in science and technology, permitting ultimate simplicity through intermediate complexity.
Organizational progress parallels that in science and technology, permitting ultimate simplicity through intermediate complexity.
No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: "But what would read more
No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: "But what would you replace it with?" When you put out a fire, what do you replace it with?
Since man does not create physical matter, those who handle material objects in the production process are not producers in read more
Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.
