Bonus Quotation of the Day…

(Don Boudreaux)

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… 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”).