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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

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
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
The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.
THOMAS SOWELL

Department Diversity Republic Social Time
It is scary how easily so many people can be brainwashed by sheer repetition of a word.
THOMAS SOWELL

Brain Human Nature People Repetition Scary
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
THOMAS SOWELL

Agony Blood Cheap Cost Freedom Price
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
Freedom must be distinguished from democracy, with which it is often confused.
THOMAS SOWELL

Confuse Democracy Different Freedom
Talkers are usually more articulate than doers, since talk is their specialty.
THOMAS SOWELL

Doer Specialty Talker
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
It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
THOMAS SOWELL

Literature Music Philosophy Value
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
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
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
People who pride themselves on their “complexity” and deride others for being “simplistic” should realize that the truth is often not very complicated. What gets complex is evading the truth.
THOMAS SOWELL

Complex People Pride Realize Simplicity Truth
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

Deed Hope Pain People Record Surprise
If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.
THOMAS SOWELL

Absence Acceptance Civil Defend Force Prepare

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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