Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

Topic:

Knowledge,

Author:

Thomas Sowell

Previous Article

Vanity of science. Knowledge of physical science will not console me for ignorance of morality in time of affliction but knowledge of morality will always console me for ignorance of physical science.

Next Article

The more extensive a man's knowledge of what has been done the greater will be his power of knowing what to do.

Leave a Reply Cancel reply