Home > Author > Thomas Sowell >

" One of the greatest defects of the economies run by political authorities, whether under medieval mercantilism or modern communism, is that the vision and insight that emerges among the population does not carry enough weight to force the authorities to change the the way they do things. "

Thomas Sowell , Basic Economics: A Citizen's Guide to the Economy


Image for Quotes

Thomas Sowell quote : One of the greatest defects of the economies run by political authorities, whether under medieval mercantilism or modern communism, is that the vision and insight that emerges among the population does not carry enough weight to force the authorities to change the the way they do things.