The Massachusetts Institute of Technology accepts blacks in the top ten percent of students, but at MIT this puts them in the bottom ten percent of the class. – Thomas Sowell
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. – Thomas Sowell
The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending. – Thomas Sowell
Social values in general are incrementally variable: neither safety, diversity, rational articulation, nor morality is categorically a good thing to have more of, without limits. All are subject to diminishing returns, and ultimately negative returns. – Thomas Sowell
What might be taken for a precocious genius is the genius of childhood. When the child grows up, it disappears without a trace. It may happen that this boy will become a real painter some day, or even a great painter. But then he will have to begin everything again, from zero. – Pablo Picasso