“The law of diminishing returns means that even the most beneficial prinicple will become harmful if carried far enough.”
Quote by Thomas Sowell
Work
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 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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“The same set of statistics can produce opposite conclusions at different levels of aggregation.”
Source: The Vision of the Anointed: Self-congratulation as a Basis for Social Policy
“To remember simplified pictures is better than to forget accurate figures.”
Source: Empiricism and sociology
Source: Response Surfaces, Mixtures, and Ridge Analyses
Source: The Collected Works of Sir Humphry Davy, Bart. ...: Memoirs of the life of Sir Humphry Davy, by his brother, John Davy
“Wisdom cannot be directly transmitted, and does not readily accumulate through the ages.”