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

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...

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...

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

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

If we spend our time with regrets over yesterday, and worries over what might happen...

If we spend our time with regrets over yesterday, and worries over what might happen...

Liberalism is totalitarianism with a human face.

Liberalism is totalitarianism with a human face.

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...

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 ominous is the ease with which some people go from saying that they...

What is ominous is the ease with which some people go from saying that they...

The march of science and technology does not imply growing intellectual complexity in the lives...

The march of science and technology does not imply growing intellectual complexity in the lives...

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...

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 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...

The assumption that spending more of the taxpayer's money will make things better has survived...

The assumption that spending more of the taxpayer's money will make things better has survived...

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...

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...

When you want to help people, you tell them the truth. When you want to...

When you want to help people, you tell them the truth. When you want to...

Each new generation born is in effect an invasion of civilization by little barbarians, who...

Each new generation born is in effect an invasion of civilization by little barbarians, who...

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

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

Once we realize that imperfect understanding is the human condition there is no shame in...

Once we realize that imperfect understanding is the human condition there is no shame in...

A loss never bothers me after I take it. I forget it overnight. But being...

A loss never bothers me after I take it. I forget it overnight. But being...

When I was little, I used to sing in the shower. Now? I make life...

When I was little, I used to sing in the shower. Now? I make life...

At home, you always have to be a politician; when you're abroad, you almost feel...

At home, you always have to be a politician; when you're abroad, you almost feel...