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

Thomas Sowell

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
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
Freedom must be distinguished from democracy, with which it is often confused.
THOMAS SOWELL

Confuse Democracy Different Freedom
Economics is a study of cause and effect relationships in an economy.
THOMAS SOWELL

Cause Economics Economy Effect Relationship Study
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
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
When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.
THOMAS SOWELL

Explanation Help Let Go People Tuth Yourself
Intellect is not wisdom.
THOMAS SOWELL

Intelelct One Liner Wisdom
No amount of taxation is ever described as “greed” on the part of government or the clientele of government.
THOMAS SOWELL

Government Greedy Money Tax
Government “planning” is not an alternative to chaos. It is a pre-emption of other people’s plans.
THOMAS SOWELL

Alternative Choas Government Imagination People Planning
Heedless of the past, we are flying blind into the future.
THOMAS SOWELL

Blind Fly Future Past
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 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
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
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
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

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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