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The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell

Justice at all costs’ is not justice.
THOMAS SOWELL

Cost Deep Injustice Justice One Liner
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
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
Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.
THOMAS SOWELL

Be Yourself Entrepreneur Intelligence Vision
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
The problem isn’t that Johnny can’t read. The problem isn’t even that Johnny can’t think. The problem is that Johnny doesn’t know what thinking is; he confuses it with feeling.
THOMAS SOWELL

Confuse Feelings Problem Reading Thinking Trouble
Age gives you an excuse for not being very good at things that you were not very good at when you were young.
THOMAS SOWELL

Age Care Courtesy Excuse Goodness Humble Young
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
People who enjoy meetings should not be in charge of anything.
THOMAS SOWELL

Charge Excitement Meeting One Liner People
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
We should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.
THOMAS SOWELL

Concentration Ideas Institution Surprise Survive Work
One of the consequences of such notions as ‘entitlements’ is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.
THOMAS SOWELL

Consequences Contribution Economics People Politics Society
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
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
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
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

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

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The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Related Topics

Popular Authors

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