Thomas Sowell

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

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.

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: read more

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.

Force is the antithesis of freedom, but force must be used, if only to defend against other force.

Force is the antithesis of freedom, but force must be used, if only to defend against other force.

The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means read more

The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means that in social processes, as in economic processes, it is not only impossible to attain perfection but irrational to seek perfection- or even to seek the "best possible" result in each separate instance.