"Key indicators require some specified time span during which they are to be tabulated for purposes of reward or penalty. The time span can vary enormously according to the process and the indicator."

Thomas Sowell Economics See all quotes by Thomas Sowell →

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“Understanding the limitations of human beings is the beginning of wisdom.”

“Most problems do not get solved. They get superseded by other concerns.”

“People who pride themselves on their "complexity" and deride others for being "simplistic" should realize that the truth is often not very complicated. What gets complex is evading the truth.”

“It is amazing how many people think that they can answer an argument by attributing bad motives to those who disagree with them. Using this kind of reasoning, you can believe or not believe anything about anything, without having to bother to deal with facts or logic.”

“The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy.”

“The greatness of a free-market economy is that it does not depend upon the wisdom of those who happen to be on top at the moment.”

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Literature1952

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"I marvel at the complacency of Ministers in the face of the frightful experiences through which we have all so newly passed. I look with wonder upon our thoughtless crowds disporting themselves in the…"

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"The transformation of numerous intermediaries into a handful of monopolists represents one of the fundamental processes in the transformation of capitalism into capitalist imperialism."

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Politics1870–1924

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