Thomas Sowell

Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include read more

Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include important decision-making processes, such as the family, but also produce much of the background social capital without which the other major institutions of society could not function nearly as effectively as they do.

The more adaptability exists for a given kind of decision, the less risky it is to make plans for the read more

The more adaptability exists for a given kind of decision, the less risky it is to make plans for the future, and therefore the more likely it is that more people will make more plans in such areas.

What is politically defined as economic "planning" is the forcible superseding of other people's plans by government officials.

What is politically defined as economic "planning" is the forcible superseding of other people's plans by government officials.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions read more

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

Cultures contain many cues and inducements to dissuade the individual from approaching ultimate limits, in much the same way that read more

Cultures contain many cues and inducements to dissuade the individual from approaching ultimate limits, in much the same way that a special warning strip of land around the edge of a baseball field lets a player know that he is about to run into a concrete wall when he is preoccupied with catching the ball. The wider that strip of land and the more sensitive the player is to the changing composition of the ground under his feet as he pursues the ball, the more effective the warning. Romanticizing or lionizing as "individualistic" those people who disregard social cues and inducements increases the danger of head-on collisions with inherent social limits. Decrying various forms of social disapproval is in effect narrowing the warning strip.