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Quote by Thomas Sowell

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The Vision of the Anointed: Self-congratulation as a Basis for Social Policy

This book delves into the concept of self-congratulation as a driving force behind the formulation of social policies, analyzing its impact on societal decision-making. more

Author

Thomas Sowell
Thomas Sowell

Thomas Sowell is a renowned economist, born on June 30, 1930. His research spans across various fields such as economic policy, race, and social issues, having a profound impact on economics and the social sciences. more

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“I fancy you give me credit for being a more systematic sort of cove than I really am in the matter of limits of significance. What would actually happen would be that I should make out Pt (normal) and say to myself that would be about 50:1; pretty good but as it may not be normal we'd best not be too certain, or 100:1; even allowing that it may not be normal it seems good enough and whether one would be content with that or would require further work would depend on the importance of the conclusion and the difficulty of obtaining suitable experience.”

“The chief instrument of American statistics is the census, which should accomplish a two-fold object. It should serve the country by making a full and accurate exhibit of the elements of national life and strength, and it should serve the science of statistics by so exhibiting general results that they may be compared with similar data obtained by other nations.”