Both history and contemporary data show that countries prosper more when there are stable and dependable rules, under which people can make investmen… - Thomas Sowell

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Both history and contemporary data show that countries prosper more when there are stable and dependable rules, under which people can make investments without having to fear unpredictable new government interventions before these investments can pay off.

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About Thomas Sowell

Thomas Sowell (born June 30, 1930) is an American economist and political commentator. He taught economics at Cornell University, the University of California, Los Angeles, and since 1980 at the Hoover Institution at Stanford University, where he is currently Senior Fellow.

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Alaska is much larger than France and Germany — combined. Yet its population is less than one-tenth that of New York City. Keep that in mind the next time you hear some environmentalist hysteria about the danger of “spoiling” Alaska by drilling for oil in an area smaller than Dulles Airport.

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The costs of achieving justice matter. Another way of saying the same thing is that “justice at all costs” is not justice. What, after all, is an injustice but the arbitrary imposition of a cost — whether economic, psychic, or other — on an innocent person? And if correcting this injustice imposes another arbitrary cost on another innocent person, is that not also an injustice?

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