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

    Any fool can know. The point is to understand. - Albert Einstein Quote

    Any fool can know. The point is to understand.

    Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution. - Albert Einstein Quote

    Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution.

    The further a society drifts from the truth, the more it will hate those who speak it. - George Orwell Quote

    The further a society drifts from the truth, the more it will hate those who speak it.

    There is only one good, knowledge, and one evil, ignorance. - Socrates Quote

    There is only one good, knowledge, and one evil, ignorance.

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