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

Elections should be held on April 16th- the day after we pay our income taxes....

Elections should be held on April 16th- the day after we pay our income taxes....

One of the most pervasive political visions of our time is the vision of liberals...

One of the most pervasive political visions of our time is the vision of liberals...

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,...

Much of the social history of the Western world, over the past three decades, has...

Much of the social history of the Western world, over the past three decades, has...

The most basic question is not what is best, but who shall decide what is...

The most basic question is not what is best, but who shall decide what is...

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

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

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...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Facts do not speak for themselves. They speak for or against competing theories. Facts divorced...

Facts do not speak for themselves. They speak for or against competing theories. Facts divorced...

What is more frightening than any particular policy or ideology is the widespread habit of...

What is more frightening than any particular policy or ideology is the widespread habit of...

Mystical references to society and its programs to help may warm the hearts of the...

Mystical references to society and its programs to help may warm the hearts of the...

The big divide in this country is not between Democrats and Republicans, or women and...

The big divide in this country is not between Democrats and Republicans, or women and...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

The welfare state is not really about the welfare of the masses. It is about...

The welfare state is not really about the welfare of the masses. It is about...

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

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

If you have always believed that everyone should play by the same rules and be...

If you have always believed that everyone should play by the same rules and be...

The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened...

The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Somehow liberals have been unable to acquire from life what conservatives seem to be endowed...

Somehow liberals have been unable to acquire from life what conservatives seem to be endowed...

Liberals claim to want to give a hearing to other views, but then are shocked...

Liberals claim to want to give a hearing to other views, but then are shocked...

I am in politics because of the conflict between good and evil, and I believe...

I am in politics because of the conflict between good and evil, and I believe...