āEconomics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.ā
More Inspiring Quotes by Thomas Sowell
Best Quotes about Cause And Effect
āSelf-sacrifice is the real miracle out of which all the reported miracles grow. Do not go where the path may lead, go instead where there is no path and leave a trail. Nothing great was ever achieved without enthusiasm. This time, like all times, is a very good one, if we but know what to do with it. Shallow men believe in luck. Strong men believe in cause and effect. The louder he talked of his honesty, the quicker we counted the silverware.ā


