Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Thomas Sowell Quotes: 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
Check all other quotes by Thomas Sowell

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Thomas Sowell Quotes." Quoteslyfe.com, 2024. Fri. 03 May. 2024. <https://www.quoteslyfe.com/quote/One-of-the-beauties-of-an-economy-1109975>.





Check out


Other quotes of Thomas Sowell


It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.



When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.



Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'

Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'



It takes considerable knowledge just to realize the extent of your own ignorance.

It takes considerable knowledge just to realize the extent of your own ignorance.



Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.

Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.



The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.

The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.



Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.

Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.



I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.

I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.



Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.



The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.





Other quotes you may like


The fundamental condition of childhood is powerlessness.

The fundamental condition of childhood is powerlessness.



Taking someone for granted is same as checking the strength of a boat by making holes in it.

Taking someone for granted is same as checking the strength of a boat by making holes in it.



If you are not sure or you don’t know something, politely ask. Asking is not a sign of being daft, but of confidence.

If you are not sure or you don’t know something, politely ask. Asking is not a sign of being daft, but of confidence.



Experts agree that color can stimulate emotions which evoke different responses. Simply by changing colors, you can change moods, communication, perceptions, energy, and expectations.

Experts agree that color can stimulate emotions which evoke different responses. Simply by changing colors, you can change moods, communication, perceptions, energy, and expectations.



I just like short hair on women I think it's cool.

I just like short hair on women I think it's cool.



Crimson flames tied through my ears rolling high and mighty traps, pounced with fire on flaming roads using ideas as my maps.

Crimson flames tied through my ears rolling high and mighty traps, pounced with fire on flaming roads using ideas as my maps.



Bad guys are so much fun to play because you can go as far and as wacky as you want.

Bad guys are so much fun to play because you can go as far and as wacky as you want.



Since her landmark 'Tapestry,' Carole King has both oversimplified and over elaborated that masterful album's style until her music has become something more overtly but less effectively personal.

Since her landmark 'Tapestry,' Carole King has both oversimplified and over elaborated that masterful album's style until her music has become something more overtly but less effectively personal.



Speak about Christ only when you are asked. But live so that people ask about Christ!

Speak about Christ only when you are asked. But live so that people ask about Christ!



I was doing about five movies a year for many years. I was just so tired. I walked around feeling like a Mack truck hit me.

I was doing about five movies a year for many years. I was just so tired. I walked around feeling like a Mack truck hit me.




Quote Description


This page presents the quote "One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.". Author of this quote is Thomas Sowell. This quote is about economy, order, work, movement,.