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Maxioms by Thomas Sowell

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Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only read more

Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.

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Given that some social processes must convey inherent constraints, the choice is among various mixtures of persuasion, force, and cultural read more

Given that some social processes must convey inherent constraints, the choice is among various mixtures of persuasion, force, and cultural inducement. The less of one, the more of the others. The degree of freedom that is possible is therefore tied to the extent to which people respond to persuasion or inducement.

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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.

by Thomas Sowell Found in: Society Quotes,
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Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast read more

Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast numbers of people who do not themselves exercise these rights.

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The welfare state is not really about the welfare of the masses. It is about the egos of the elites.

The welfare state is not really about the welfare of the masses. It is about the egos of the elites.

by Thomas Sowell Found in: Welfare Quotes,
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