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It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

Thomas Sowell

Intellect is not wisdom.
THOMAS SOWELL

Intelelct One Liner Wisdom
It takes considerable knowledge just to realize the extent of your own ignorance.
THOMAS SOWELL

Consider Ignorance Knowledge Realize
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 SOWELL

Economics Enough Lesson Politics Satisfaction Scarcity
Whenever someone refers to me as someone “who happens to be black,” I wonder if they realize that both my parents are black. If I had turned out to be Scandinavian or Chinese, people would have wondered what was going on.
THOMAS SOWELL

Black Black Lives Matter Comparison Funny Parents White
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.
THOMAS SOWELL

Arrangement Economics Government Institution Market Situation
Extrapolations are the last refuge of a groundless argument.
THOMAS SOWELL

Argument Extrapolation Ground Refuge
What is called an educated person is often someone who has had a dangerously superficial exposure to a wide spectrum of subjects.
THOMAS SOWELL

DAngry Education Exposure Person Subject
The media are less a window on reality, than a stage on which officials and journalists perform self-scripted, self-serving fictions.
THOMAS SOWELL

Fiction Journalist Media Perform Reality Window
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.
THOMAS SOWELL

Bail Economy Life Lost Mortage People
In short, numbers are accepted as evidence when they agree with preconceptions, but not when they don’t.
THOMAS SOWELL

Acceptance Agree Evidence
Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.
THOMAS SOWELL

Absence Born Civil Effect Generation Late
Age gives you an excuse for not being very good at things that you were not very good at when you were young.
THOMAS SOWELL

Age Care Courtesy Excuse Goodness Humble Young
One of the first things taught in introductory statistics textbooks is that correlation is not causation. It is also one of the first things forgotten.
THOMAS SOWELL

Book Causation Correlation Forget Statistics
Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned.
THOMAS SOWELL

Distribution Earn Economics Income Literature Money
The welfare state is the oldest con game in the world. First you take people’s money away quietly and then you give some of it back to them flamboyantly.
THOMAS SOWELL

Freedom Government Liberty Money People World
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
THOMAS SOWELL

DAngry Decision Imagination People Price Stupidity

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

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It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

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Popular Authors

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