Maxioms by Thomas Sowell
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.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
People who enjoy meetings should not be in charge of anything.
People who enjoy meetings should not be in charge of anything.
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
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.