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People are all born ignorant but they are not born stupid.

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
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
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 50 years ago, a liberal 25 years ago and a racist today.
THOMAS SOWELL

Believe Judgement Play Racism Rule Standard
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
People who have time on their hands will inevitably waste the time of people who have work to do.
THOMAS SOWELL

Hand People Time Waste Wasted Time Work
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
Freedom must be distinguished from democracy, with which it is often confused.
THOMAS SOWELL

Confuse Democracy Different Freedom
The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy.
THOMAS SOWELL

Liar People Politics Reflection Satisfaction Shame
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
Intellect is not wisdom.
THOMAS SOWELL

Intelelct One Liner Wisdom
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
When people get used to preferential treatment, equal treatment seems like discrimination.
THOMAS SOWELL

Discrimination People Politics Treatment
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
Competition does a much more effective job than government at protecting consumers.
THOMAS SOWELL

Competition Consumer Effect Government Job Protect
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
Suppose you are wrong? How would you know? How would you test for that possibility?
THOMAS SOWELL

Confidence Inspirational Possible Trust Wrong

People are all born ignorant but they are not born stupid.

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People are all born ignorant but they are not born stupid.

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