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Thomas Sowell Quotes about Economy

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One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.

One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.

Thomas Sowell
Order, Movement, Economy

The inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than almost anything outside the realm of pure science.

Thomas Sowell
Political, Economy, Realms
Thomas Sowell (2001). “The Quest for Cosmic Justice”, p.166, Simon and Schuster

The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened that way because someone wanted it to happen that way.

Thomas Sowell
Way, Economy, Explanation
Thomas Sowell (1996). “Knowledge And Decisions”, p.97, Basic Books

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