I’ll be discussion leader of a symposium this coming Friday and Saturday on the work of Thomas Sowell. I spent more time than I usually do coming up with discussion questions because Sowell’s writing is so clear, so evidence-based, and so persuasive, that I had trouble injecting controversy. The main controversy I could come up with is over his distinction between the “constrained vision” and the “unconstrained vision.” A very early article by Bryan Caplan helped me put my finger on my difficulties. Other than that, I found virtually everything in his writing straightforward.
Here are some of my favorite quotes from Sowell.
In his 1980 book Knowledge and Decisions, my favorite of his books, he discusses a famous economics article, “The Economics of a P.O.W. Camp,” written by R.A. Radford, a British economist who had been a prisoner in a P.O.W. camp. (By the way, if recall correctly, this article was on at least 3 of the syllabi we had during my first year of graduate school at UCLA, 1972-72. The article is a masterpiece.) Sowell writes:
What is of wider social significance is that those prisoners who performed these services [as middlemen] were both widely utilized and deeply resented. The physical fallacy arose as spontaneously as the actions which demonstrated its falsity.
In many of my classes I taught at the Naval Postgraduate School, after teaching Hayek’s “Use of Knowledge in Society,” which was also on at least 3 syllabi in my first year at UCLA, I used a short excerpt on the “Physical Fallacy” that includes the quote above.
Here’s another excerpt from the same Sowell book:
Like other forms of price controls, usury laws distort the communication of correct facts about credit risks without in any way changing those facts themselves.
Here’s Sowell on the misallocation of labor due to conscription:
Even in an all-out war, most soldiers do not fight, but perform a variety of auxiliary services, many of which can be performed by civilian employees, since most of these services take place far from the scenes of battle. From the standpoint of the army as an economic decision making unit, it is rational to draft a chemist to sweep floors as long as his cost as a draftee is lower than the cost of hiring a civilian floor sweeper. From the standpoint of the economy as a whole, it is of course a waste of human resources. Again, the use of force is significant not simply because force is unpleasant, but because it distorts the effective knowledge of options.
One would take him to be saying that conscription is a bad idea. But an interaction I had indirectly with him (through his assistant at Hoover) in 1980 made me wonder.
There are so many good Sowell quotes. I’ll do more later.
READER COMMENTS
Richard W Fulmer
Mar 23 2023 at 10:31am
Here are some favorites:
“The most basic question is not what is best, but who shall decide what is best.”
“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 takes considerable knowledge just to realize the extent of your own ignorance.”
“Setting group against group by arbitrarily viewing innumerable situations through the prism of ‘race, class, and gender,’ setting unreachable standards of ‘social justice,’ and setting impossible goals of redressing the wrongs of history, guarantee never-ending strife and an undermining of any society…”
Physecon
Mar 23 2023 at 12:32pm
Will any of the symposium be available on Zoom?
Can you share a link to the Bryan Caplan article you mentioned?
Physecon
Mar 23 2023 at 12:46pm
Nevermind, found the article. https://econfaculty.gmu.edu/bcaplan/sowell
Infovores
Mar 23 2023 at 4:05pm
fascinating… care to expound?
Richard W Fulmer
Mar 24 2023 at 2:50pm
Here is a link to an article by Sowell in which he (a former Marine) opposes the draft, but not for the reason you might think:
https://www.realclearpolitics.com/articles/2006/08/a_military_draft.html
Don Boudreaux
Mar 24 2023 at 1:48pm
Coming up with a favorite quotation from Thomas Sowell is difficult, for the selection is so vast. But if pressed, I’d select the final two sentences of his magnificent 1980 book, Knowledge and Decisions:
Jeremy
Mar 27 2023 at 3:51pm
Sowell has so many gems. Similar to Warren Buffett in his ability to make the complex simple. My favorite has always been his classic:
“Unfortunately, the real minimum wage is always zero.”
dennis e miller
Mar 27 2023 at 4:29pm
I borrowed a copy of Thomas Sowell’s “Intellectuals and Society” and immediately there was such good data and reasoning that I decided to take notes. I soon quit taking notes however because I wanted to write down almost everything. Better than notes, I should just buy the book. Sowell is brilliant, detailed and thoroughly logical. And he has written so many great books that I don’t know how you could narrow down a discussion even into a mere two days.
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