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The Money of Fools

By Thomas Sowell - September 14, 2010

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Seventeenth century philosopher Thomas Hobbes said that words are wise men's counters, but they are the money of fools. That is as painfully true today as it was four centuries ago. Using words as vehicles to try to convey your meaning is very different from taking words so literally that the words use you and confuse you. Take the simple phrase "rent control." If you take these words literally--...

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Thomas Sowell

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