Maxioms by Thomas Sowell
Much of the self-righteous nonsense that abounds on so many subjects cannot stand up to three questions: (1) Compared to read more
Much of the self-righteous nonsense that abounds on so many subjects cannot stand up to three questions: (1) Compared to what? (2) At what cost? and (3) What are the hard facts?
One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that read more
One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.
Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that read more
Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.
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.
If you have ever seen a four-year-old trying to lord it over a two-year-old, then you know what the basic read more
If you have ever seen a four-year-old trying to lord it over a two-year-old, then you know what the basic problem of human nature is -- and why government keeps growing larger and ever more intrusive.
