Thomas Sowell

Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to read more

Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.

It is precisely those things which belong to "the people" which have historically been despoiled- wild creatures, the air, and read more

It is precisely those things which belong to "the people" which have historically been despoiled- wild creatures, the air, and waterways being notable examples. This goes to the heart of why property rights are socially important in the first place. Property rights mean self-interested monitors. No owned creatures are in danger of extinction. No owned forests are in danger of being leveled. No one kills the goose that lays the golden egg when it is his goose.

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

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.

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.