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Intellect is not wisdom.

Thomas Sowell

As history has also shown, especially in the twentieth century, one of the first things an ideologue will do after achieving absolute power is kill.
THOMAS SOWELL

Achievement Century History Ideas Kill Power
Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.
THOMAS SOWELL

Be Yourself Entrepreneur Intelligence Vision
People are all born ignorant but they are not born stupid.
THOMAS SOWELL

Born Ignorant People Stupidity
Economics is more than just a way to see patterns or to unravel puzzling anomalies.
THOMAS SOWELL

Economics Pattern Puzzle
People who have time on their hands will inevitably waste the time of people who have work to do.
THOMAS SOWELL

Hand People Time Waste Wasted Time Work
Intellect is not wisdom.
THOMAS SOWELL

Intelelct One Liner Wisdom
Extrapolations are the last refuge of a groundless argument.
THOMAS SOWELL

Argument Extrapolation Ground Refuge
The history of which peoples, nations, or civilizations have conquered or enslaved which other peoples, nations, or civilizations has been largely a history of who has been in a position to do so.
THOMAS SOWELL

Civil History Nation People Position
Economics is a study of cause and effect relationships in an economy.
THOMAS SOWELL

Cause Economics Economy Effect Relationship Study
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
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
There are no solutions. There are only trade-offs.
THOMAS SOWELL

Conservative Solution Trade
One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.
THOMAS SOWELL

Complain Produce Refuse Sad Time
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
Everyone may be called “comrade,” but some comrades have the power of life and death over other comrades.
THOMAS SOWELL

Death Friendship Life Partner Power
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

Intellect is not wisdom.

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Intellect is not wisdom.

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