People who depict markets as cold, impersonal institutions, and their own notions as humane and compassionate, have it directly backwards. It is when people make their own economic decisions, taking into account costs that matter to themselves, and known only to themselves, that this knowledge becomes part of the trade-offs they choose, whether as consumers or producers.
– Thomas Sowell, Discrimination and Disparities
Watch on Rumble
Podcast: Play in new window | Download
Recent
https://youtu.be/STsLRu9UBKQ?si=MQbe0sq3PaXoevQh We have been bombing and occupying Iraq since. 1991, longer than the occupation ofJapan after World War II. Iraq has never committed aggression against the United States...Our foolish policy in Iraq invites terrorist...
https://youtu.be/SHHn4_Jj_uI Once again, the American public is being subjected to a nearly unanimous barrage of war propaganda and war hysteria, so that only the most searching and rational can keep their heads. Once again, we find that there has emerged upon the...
https://youtu.be/PAoXVEnUfls … money is one of the greatest and most signifi cant features of the modern market economy, and indeed of civilization itself. Th e more general the money, the greater the scope for division of labor and for the interregional exchange of...
