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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

It would be very heard, for example, a basketball owner, no matter how racist he was, to try to operate without Blacks. It would be suicidal.
THOMAS SOWELL

Basketball Black Black Lives Matter Racism Suicide
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
The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.
THOMAS SOWELL

Department Diversity Republic Social Time
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
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
We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did.
THOMAS SOWELL

Closer Depression Hurt Responsible Situation
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
There are only two ways of telling the complete truth – anonymously and posthumously.
THOMAS SOWELL

Honesty Sarcastic Truth
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
Racism does not have a good track record. It’s been tried out for a long time and you’d think by now we’d want to put an end to it instead of putting it under new management.
THOMAS SOWELL

Character Management Racism Record Time
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
Talkers are usually more articulate than doers, since talk is their specialty.
THOMAS SOWELL

Doer Specialty Talker
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
Economics is a study of cause and effect relationships in an economy.
THOMAS SOWELL

Cause Economics Economy Effect Relationship Study
Whenever someone refers to me as someone “who happens to be black,” I wonder if they realize that both my parents are black. If I had turned out to be Scandinavian or Chinese, people would have wondered what was going on.
THOMAS SOWELL

Black Black Lives Matter Comparison Funny Parents White
If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more important that the public understand that difference, and choose their news sources accordingly.
THOMAS SOWELL

Choose Decide Information Inspirational People Public

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.

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Popular Authors

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