It takes considerable knowledge just to realize the extent of your own ignorance. – Thomas Sowell
The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics. – 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