Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature. β¨ Thomas Sowell (2000). Basic Economics: A Citizen's Guide to the Economy, Basic Civitas Books
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- Lofty talk about 'social justice' or 'fairness' boils down to greatly expanded powers for politicians, since those pretty words have no concrete definition. They are a blank check for creating dispar β¦ βΆ
- Liberalism is totalitarianism with a human face. β¨ Thomas Sowell (2013). Controversial Essays, p.322, Hoover Press
- Even the Soviet Union, with its huge nuclear arsenal, was a threat that could be deterred by the prospect of retaliation. But suicide bombers cannot be deterred. They can only be annihilated - preemp β¦ βΆ
- The real problem, both in discussions of mass shootings and in discussions of gun control, is that too many people are too committed to a vision to allow mere facts to interfere with their beliefs, a β¦ βΆ
- One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain. β¨ Thomas Sowell (2013). Ever Wonder Why?: and β¦ βΆ
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