Bonus Quotation of the Day…
by Don Boudreaux
on January 21, 2020
… is from page 309 of Thomas Sowell’s magnificent 1980 book, Knowledge and Decisions:
An ideology may be viewed as a knowledge-economizing device, for it explains complex empirical data with a few simple and familiar variables. It is hardly surprising that ideological explanations should have a special appeal to those with higher costs of alternative knowledge – the inexperienced (“youth”) and the previously politically apathetic (“masses”).
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