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

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...

There are few things more dishonorable than misleading the young.

There are few things more dishonorable than misleading the young.

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...

As a rule of thumb, Congressional legislation that is bipartisan is usually twice as bad...

As a rule of thumb, Congressional legislation that is bipartisan is usually twice as bad...

It is amazing how many of those who consider themselves hinking people respond automatically to...

It is amazing how many of those who consider themselves hinking people respond automatically 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.

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....

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...

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...

Liberalism is totalitarianism with a human face

Liberalism is totalitarianism with a human face

Stopping illegal immigration would mean that wages would have to rise to a level where...

Stopping illegal immigration would mean that wages would have to rise to a level where...

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 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...

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...

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...

What 'multiculturalism' boils down to is that you can praise any culture in the world...

What 'multiculturalism' boils down to is that you can praise any culture in the world...

Socialism in general has a record of failure so blatant that only an intellectual could...

Socialism in general has a record of failure so blatant that only an intellectual could...

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...

Regret for time wasted can become a power for good in the time that remains,...

Regret for time wasted can become a power for good in the time that remains,...

This is the book I never read ~~ These are the words I never said...

This is the book I never read ~~ These are the words I never said...

We all have our time machines. Some take us back, they're called memories. Some take...

We all have our time machines. Some take us back, they're called memories. Some take...

Turn resolutely to work, to recreation, or in any case to physical exercise till you...

Turn resolutely to work, to recreation, or in any case to physical exercise till you...