The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
THOMAS SOWELLThe really painful surprise is that so many people based their hopes on his words, rather than on the record of his deeds.
More Thomas Sowell Quotes
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As an entrepreneur in India put it: ‘Indians have learned from painful experience that the state does not work on behalf of the people. More often than not, it works on behalf of itself.
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The really painful surprise is that so many people based their hopes on his words, rather than on the record of his deeds.
THOMAS SOWELL -
Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.
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No government of the left has done as much for the poor as capitalism has. Even when it comes to the redistribution of income, the left talks the talk but the free market walks the walk.
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One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them.
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Justice at all costs’ is not justice.
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Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.
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Talkers are usually more articulate than doers, since talk is their specialty.
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Clearly, only very unequal intellectual and moral standing could justify having equality imposed, whether the people want it or not, as Dworkin suggests, and only very unequal power would make it possible.
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Freedom must be distinguished from democracy, with which it is often confused.
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Don’t you get tired of seeing so many “non-conformists” with the same non-conformist look?
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The government is indeed an institution, but “the market” is nothing more than an option for each individual to chose among numerous existing institutions, or to fashion new arrangements suited to his own situation and taste.
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Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
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Nothing is easier than to get peaceful people to renounce violence, even when they provide no concrete ways to prevent violence from others.
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Everyone may be called “comrade,” but some comrades have the power of life and death over other comrades.
THOMAS SOWELL