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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.

Thomas Sowell

I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money.
THOMAS SOWELL

Earn Greedy Human Nature Money
Racism does not have a good track record. It’s been tried out for a long time and you’d think by now we’d want to put an end to it instead of putting it under new management.
THOMAS SOWELL

Character Management Racism Record Time
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
Intellect is not wisdom.
THOMAS SOWELL

Intelelct One Liner Wisdom
One of the consequences of such notions as ‘entitlements’ is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.
THOMAS SOWELL

Consequences Contribution Economics People Politics Society
A society in which such decisions can only be made by males has thrown away half of its knowledge, talents, and insights.
THOMAS SOWELL

Decision Insight Knowledge Society Talent Throw
What is ominous is the ease with which some people go from saying that they don’t like something to saying that the government should forbid it. When you go down that road, don’t expect freedom to survive very long.
THOMAS SOWELL

Freedom Government Justice Law Liberty People
It takes considerable knowledge just to realize the extent of your own ignorance.
THOMAS SOWELL

Consider Ignorance Knowledge Realize
Talkers are usually more articulate than doers, since talk is their specialty.
THOMAS SOWELL

Doer Specialty Talker
It doesn’t matter how smart you are unless you stop and think.
THOMAS SOWELL

Intelligance One Liner Philosophy Politics Smart Thinking
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
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
Socialism is a wonderful idea. It is only as a reality that it has been disastrous.
THOMAS SOWELL

Disastrous Ideas Reality Social Wonderful
In short, numbers are accepted as evidence when they agree with preconceptions, but not when they don’t.
THOMAS SOWELL

Acceptance Agree Evidence
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
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.
THOMAS SOWELL

Appreciate DAngry Failure Honor People Trust

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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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.

Related Topics

Popular Authors

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