Thomas Sowell Quotes


Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include important decision-making processes, such as the family, but also produce much of the background social capital without which the other major institutions of society could not function nearly as effectively as they do.


Citations

Sowell, Thomas. Knowledge and Decisions. Basic Books, 1980, p. 142.

Related Quotes

Thomas Sowell
Thomas Sowell
  • Born: June 30, 1930
  • Nationality: American
  • Profession: Economist

Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford University's Hoover Institution.