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 SOWELLIt 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.
More Thomas Sowell Quotes
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When people are presented with the alternatives of hating themselves for their failure or hating others for their success, they seldom choose to hate themselves.
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Freedom must be distinguished from democracy, with which it is often confused.
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Economics is more than just a way to see patterns or to unravel puzzling anomalies.
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The media are less a window on reality, than a stage on which officials and journalists perform self-scripted, self-serving fictions.
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Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
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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.
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What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he requires far less.
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Suppose you are wrong? How would you know? How would you test for that possibility?
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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.
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The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
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Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.
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Economics is a study of cause and effect relationships in an economy.
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No one chooses which culture to be born into or can be blamed for how that culture evolved in past centuries.
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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.
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Nothing is easier than to get peaceful people to renounce violence, even when they provide no concrete ways to prevent violence from others.
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What is called an educated person is often someone who has had a dangerously superficial exposure to a wide spectrum of subjects.
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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.
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What is history but the story of how politicians have squandered the blood and treasure of the human race?
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Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good.
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It takes considerable knowledge just to realize the extent of your own ignorance.
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The purpose of education is to give the student the intellectual tools to analyze, whether verbally or numerically, and to reach conclusions based on logic and evidence.
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I am so old that I can remember when other people’s achievements were considered to be an inspiration, rather than a grievance.
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When people get used to preferential treatment, equal treatment seems like discrimination.
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Reality does not go away when it is ignored.
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We should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.
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Intellect is not wisdom.
THOMAS SOWELL