Thomas Sowell

Join in the new game that's sweeping the country. It's called "Bureaucracy" Everybody stands in a circle. The first person read more

Join in the new game that's sweeping the country. It's called "Bureaucracy" Everybody stands in a circle. The first person to do anything loses.

Mystical references to "society" and its programs to "help" may warm the hearts of the gullible but what it really read more

Mystical references to "society" and its programs to "help" may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats.

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.

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

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.