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Competition does a much more effective job than government at protecting consumers.

Thomas Sowell

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

Consider Ignorance Knowledge Realize
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
Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good.
THOMAS SOWELL

Decade Goodness History Past replace Social World
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
What is history but the story of how politicians have squandered the blood and treasure of the human race?
THOMAS SOWELL

Blood History Human Politics Story Treasure
To believe in personal responsibility would be to destroy the whole special role of the anointed, whose vision casts them in the role of rescuers of people treated unfairly by society.
THOMAS SOWELL

Destroy People Responsiblity Role Society Vision
It is usually futile to try to talk facts and analysis to people who are enjoying a sense of moral superiority in their ignorance.
THOMAS SOWELL

Enjoyment Ignorance Moral People Superior Try
Justice at all costs’ is not justice.
THOMAS SOWELL

Cost Deep Injustice Justice One Liner
When people are presented with the alternatives of hating themselves for their failure or hating others for their success, they seldom choose to hate themselves.
THOMAS SOWELL

Alternative Choose Failure Hate People Success
Freedom must be distinguished from democracy, with which it is often confused.
THOMAS SOWELL

Confuse Democracy Different Freedom
I am so old that I can remember when other people’s achievements were considered to be an inspiration, rather than a grievance.
THOMAS SOWELL

Achievement Consider Inspirational Old People Remember
We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did.
THOMAS SOWELL

Closer Depression Hurt Responsible Situation
Many on the political left are so entranced by the beauty of their vision that they cannot see the ugly reality they are creating in the real world.
THOMAS SOWELL

Beautiful Creation Politics Ugly Vision World
Some people imagine that they are well informed because they have memorized a whole galaxy of trendy dogmas and fashionable attitudes.
THOMAS SOWELL

Attitude Fashion Galaxy Imagination Information People
Failure is part of the natural cycle of business. Companies are born, companies die, capitalism moves forward.
THOMAS SOWELL

Born Business Capital Company Failure Inspirational
In short, numbers are accepted as evidence when they agree with preconceptions, but not when they don’t.
THOMAS SOWELL

Acceptance Agree Evidence

Competition does a much more effective job than government at protecting consumers.

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Competition does a much more effective job than government at protecting consumers.

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Popular Authors

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