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.

Quote by Thomas Sowell

Topics: Thomas Sowell Quotes

One of the consequences of such notions as entitlements is that people who have contributed...

One of the consequences of such notions as entitlements is that people who have contributed...

The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think....

The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think....

It is amazing that people who think we cannot afford to pay for doctors, hospitals,...

It is amazing that people who think we cannot afford to pay for doctors, hospitals,...

It is hard to imagine a more stupid or more dangerous way of making decisions...

It is hard to imagine a more stupid or more dangerous way of making decisions...

If you are not prepared to use force to defend civilization, then be prepared to...

If you are not prepared to use force to defend civilization, then be prepared to...

Talkers are usually more articulate than doers, since talk is their specialty.

Talkers are usually more articulate than doers, since talk is their specialty.

One of the sad signs of our times is that we have demonized those who...

One of the sad signs of our times is that we have demonized those who...

Tariffs that save jobs in the steel industry mean higher steel prices, which in turn...

Tariffs that save jobs in the steel industry mean higher steel prices, which in turn...

Freedom has cost too much blood and agony to be relinquished at the cheap price...

Freedom has cost too much blood and agony to be relinquished at the cheap price...

The most fundamental fact about the ideas of the political left is that they do...

The most fundamental fact about the ideas of the political left is that they do...

Mistakes can be corrected by those who pay attention to facts but dogmatism will not...

Mistakes can be corrected by those who pay attention to facts but dogmatism will not...

Too much of what is called education is little more than an expensive isolation from...

Too much of what is called education is little more than an expensive isolation from...

Liberalism is totalitarianism with a human face

Liberalism is totalitarianism with a human face

If the battle for civilization comes down to the wimps versus the barbarians, the barbarians...

If the battle for civilization comes down to the wimps versus the barbarians, the barbarians...

It doesnt matter what you do if you dont do what matters. If you do...

It doesnt matter what you do if you dont do what matters. If you do...

Capitalism knows only one color: that color is green; all else is necessarily subservient to...

Capitalism knows only one color: that color is green; all else is necessarily subservient to...

The people made worse off by slavery were those who were enslaved. Their descendants would...

The people made worse off by slavery were those who were enslaved. Their descendants would...

Imagine a political system so radical as to promise to move more of the poorest...

Imagine a political system so radical as to promise to move more of the poorest...

Actually lowering the cost of insurance would be accomplished by such things as making it...

Actually lowering the cost of insurance would be accomplished by such things as making it...

People who enjoy meetings should not be in charge of anything.

People who enjoy meetings should not be in charge of anything.