Give us another one, Thomas!

One more quote from Mr. Sowell.


"Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good."-Thomas Sowell

Remember that the next time you hear of "bad economic times".

Mr. Sowell makes it simple,

“Despite a voluminous and often fervent literature on ‘income distribution,’ the cold fact is that most income is not distributed: It is earned.”-Thomas Sowell

Capitalism gives us our freedom,

Are you wondering why Capitalism is said to embrace freedom? Well.....if you build a better mouse trap you have the freedom to sell it. Likewise if someone else builds a better mouse trap you have the freedom to buy it. (So says Capitalism anyway.)

Can't escape the market,

People everywhere in America want a substitute for gasoline in hopes of a cheaper way of travel. Let's say beach sand is made into a fuel to substitute for gasoline. Guess what? The price of beach sand will go up too! You can't escape the law of supply and demand.

A learning situation,

Here's a situation to teach you economics: image you have your keys locked in your car. A locksmith is likely to charge you a lot of money for his services. If he charges too much however you will sooner break your car window than pay him a ridiculous amount of money. Breaking your window would be a substitute for the locksmith's services. Substitutes are made when the cost of something is too high. So when do you think we will have a substitute for the gasoline powered engine? Now that you read Capitalism's Truths you know that will happen whenever gasoline gets high enough that folks aren't willing to pay for it!

Knock out the ignorance fellow Capitalists!

This book will answer any questions anyone has about Capitalism and why it works whenever it is tried. Get it, and spread it around!

Economics: It runs in the family.

In today's world we often hear about "saving the children" or other similar phrases. In past generations there wasn't as much emphasis on protecting the children. Why is it that today's children are seen as valuable and past generations of children weren't seen the same way? Supply and demand! Actually that isn't a joke. In past years families in America were often large in numbers of children. Since the age of the birth control pill children are fewer among families. And what does the law of supply and demand say happens when supply decreases?

Well to people who enjoy the resource of children, (parents) the scarce supply (of children) leads to an increase in value. See economics is all around us!