The inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than almost anything outside the realm of pure science.
Thomas SowellThe New York times' long-standing motto, 'All the News That's Fit to Print,' should be changed to reflect today's reality: 'Manufacturing News to Fit an Ideology.'
Thomas SowellPrices impose the most effective kind of rationing - self-rationing. Why is rationing necessary? Because what everybody wants always adds up to more than there is. . .Resources are limited but desires are not. That is the basic and defining problem of economics.
Thomas SowellAll things are the same except for the differences, and different except for the similarities.
Thomas SowellOnce you buy the argument that some segment of the citizenry should lose their rights, just because they are envied or resented, you are putting your own rights in jeopardy - quite aside from undermining any moral basis for respecting anybody's rights. You are opening the floodgates to arbitrary power. And once you open the floodgates, you can't tell the water where to go.
Thomas Sowell