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Quote by Thomas Sowell

“People who want special taxes or subsidies for particular things seem not to understand that what they are really asking for is for prices to misstate the relative scarcities of things and the relative values that the users of these things put on them. . . Making anything artificially cheap usually means that it will be wasted.”

Quote by Thomas Sowell

Book:Basic Economics: A Citizen's Guide to the Economy
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Basic Economics: A Citizen's Guide to the Economy

This book provides a clear and accessible introduction to the fundamental principles of economics, covering topics such as supply and demand, market structures, and economic policy. It aims to equip readers with the knowledge necessary to make informed decisions as citizens in an economic system. 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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