Thomas Sowell

Leaving prices out of the picture is probably the source of more fallacies in economics than any other single misconception.

Leaving prices out of the picture is probably the source of more fallacies in economics than any other single misconception.

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.

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 fundamental fact about the ideas of the political left is that they do not work. Therefore we should read more

The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.

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.