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.

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Explore More Quotes by Thomas Sowell

Elections should be held on April 16th- the day after we pay our income taxes. That is one of the f

Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.

One of the common failings among honorable people is a failure to appreciate how thoroughly dishono

One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be and how dangerous it is to trust them.

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

The march of science and technology does not imply growing intellectual complexity in the lives of most people. It often means the opposite.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

Related Quotes to Explore

    For the born traveller, travelling is a besetting vice. Like other vices, it is imperious, demanding its victim’s time, money, energy and the sacrifice of comfort.

    For the born traveller, travelling is a besetting vice. Like other vices, it is imperious, demanding its victim’s time, money, energy and the sacrifice of comfort.

    The beginning of wisdom, as they say. When you're seventeen you know everything. When you're twenty-seven if you still know everything you're still seventeen.

    The beginning of wisdom, as they say. When you're seventeen you know everything. When you're twenty-seven, if you still know everything, you're still seventeen.

    Sex is like money; only too much is enough.

    Sex is like money; only too much is enough.

    Educate your children to self-control, to the habit of holding passion and prejudice and evil tendencies subject to an upright and reasoning will, and you have done much to abolish misery from their future and crimes from society.

    Educate your children to self-control, to the habit of holding passion and prejudice and evil tendencies subject to an upright and reasoning will, and you have done much to abolish misery from their future and crimes from society.

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