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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

There are no solutions. There are only trade-offs.
THOMAS SOWELL

Conservative Solution Trade
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
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
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
THOMAS SOWELL

Evade Failure Ignorance Record Social
A society that puts equality – in the sense of equality of outcome – ahead of freedom will end up with neither equality nor freedom.
THOMAS SOWELL

Ending Equality Freedom Society
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
Suppose you are wrong? How would you know? How would you test for that possibility?
THOMAS SOWELL

Confidence Inspirational Possible Trust Wrong
Freedom must be distinguished from democracy, with which it is often confused.
THOMAS SOWELL

Confuse Democracy Different Freedom
If politicians stopped meddling with things they don’t understand, there would be a more drastic reduction in the size of government than anyone in either party advocates.
THOMAS SOWELL

Advocate Government Party Politics Understand
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
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
Talkers are usually more articulate than doers, since talk is their specialty.
THOMAS SOWELL

Doer Specialty Talker
Nothing is easier than to get peaceful people to renounce violence, even when they provide no concrete ways to prevent violence from others.
THOMAS SOWELL

Battle Peace People Violence War
Economics is a study of cause and effect relationships in an economy.
THOMAS SOWELL

Cause Economics Economy Effect Relationship Study
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

Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned.

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Popular Authors

Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned.

Related Topics

Popular Authors

More Thomas Sowell Quotes