Thomas Sowell

With various people complaining about "price gouging... economist Walter Williams has coined a new term: "Tax gouging." But government is read more

With various people complaining about "price gouging... economist Walter Williams has coined a new term: "Tax gouging." But government is never accused of either "greed" or "gouging" — not even when they bulldoze people's homes in order to turn the land over to businesses that will pay more taxes.

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.

Nothing as mundane as mere evidence can be allowed to threaten a vision so deeply satisfying.

Nothing as mundane as mere evidence can be allowed to threaten a vision so deeply satisfying.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The read more

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The first lesson of politics is to disregard the first lesson of economics.

Social values in general are incrementally variable: neither safety, diversity, rational articulation, nor morality is categorically a "good thing" to read more

Social values in general are incrementally variable: neither safety, diversity, rational articulation, nor morality is categorically a "good thing" to have more of, without limits. All are subject to diminishing returns, and ultimately negative returns.