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Book: Knowledge And Decisions
Quotes of Book: Knowledge And Decisions
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  1. Thomas Sowell _ Knowledge And Decisions

    The cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today.
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  2. Thomas Sowell _ Knowledge And Decisions

    The government is indeed an institution, but "the market" is nothing more than an option for each individual to chose among numerous existing institutions, or to fashion new arrangements suited to his own situation and taste.
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  3. Thomas Sowell _ Knowledge And Decisions

    A mere enumeration of government activity is evidence -- often the sole evidence offered -- of "inadequate" nongovernment institutions, whose "inability" to cope with problems "obviously" required state intervention. Government is depicted as acting not in response to its own political incentives and constraints but because it is compelled to do so by concern for the public interest: it "cannot keep its hands off" when so "much is at stake," when emergency "compels" it to supersede other decision making processes. Such a tableau simple ignores the possibility that there are political incentives for the production and distribution of "emergencies" to justify expansions of power as well as to use episodic emergencies as a reason for creating enduring government institutions.
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  4. Thomas Sowell _ Knowledge And Decisions

    What all these lofty and vague phrases boil down to is that the court can impose things that the voters don't want and the Constitution does not require, but which are in vogue in circles to which the court responds.
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  5. Thomas Sowell _ Knowledge And Decisions

    What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he requires far less.
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  6. Thomas Sowell _ Knowledge And Decisions

    Everyone may be called "comrade," but some comrades have the power of life and death over other comrades.
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  7. Thomas Sowell _ Knowledge And Decisions

    If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.
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  8. Thomas Sowell _ Knowledge And Decisions

    Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
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  9. Thomas Sowell _ Knowledge And Decisions

    It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.
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