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Socialism is a wonderful idea. It is only as a reality that it has been disastrous.

Thomas Sowell

Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.
THOMAS SOWELL

Case God Identity Mistake Remember Trouble
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
Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.
THOMAS SOWELL

Be Yourself Entrepreneur Intelligence Vision
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
No government of the left has done as much for the poor as capitalism has. Even when it comes to the redistribution of income, the left talks the talk but the free market walks the walk.
THOMAS SOWELL

Capital Government Income Market Poor
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
Since this is an era when many people are concerned about ‘fairness’ and ‘social justice,’ what is your ‘fair share’ of what someone else has worked for?
THOMAS SOWELL

Black Lives Matter Era Justice People Social
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
THOMAS SOWELL

Ego Elite Mass State Welfare
Economics is a study of cause and effect relationships in an economy.
THOMAS SOWELL

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

Conservative Solution Trade
Extrapolations are the last refuge of a groundless argument.
THOMAS SOWELL

Argument Extrapolation Ground Refuge
No-one is equal to anything. Even the same man is not equal to himself on different days.
THOMAS SOWELL

Deep Difference Equality Himself Justice Man

Socialism is a wonderful idea. It is only as a reality that it has been disastrous.

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Socialism is a wonderful idea. It is only as a reality that it has been disastrous.

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Popular Authors

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