Carolina QuotesThe cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today.
Thomas Sowell Carolinian
Source
Ch. 3 : Economic Trade-Offs
- work
- Knowledge and Decisions (1980; 1996)
- year
- 1980
Cite this record
“The cavemen had the same natural resources at their disposal…” Thomas Sowell. Carolina Quotes, record CQ-77D323C163. https://carolinaquotes.com/quote/77d323c163
More from Thomas Sowell
The case for the political left looks more plausible on the surface but is harder to keep believing in as you become more experienced.
Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored and the inevitable price to be paid by others in lower standards of living than they could have had with the existing resources and technology. p. 24
The march of science and technology does not imply growing intellectual complexity in the lives of most people. It often means the opposite.