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 SOWELLIf 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.
More Thomas Sowell Quotes
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No amount of taxation is ever described as “greed” on the part of government or the clientele of government.
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Economics is a study of cause and effect relationships in an economy.
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It takes considerable knowledge just to realize the extent of your own ignorance.
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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.
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Economics is more than just a way to see patterns or to unravel puzzling anomalies.
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It doesn’t matter how smart you are unless you stop and think.
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Virtually no idea is too ridiculous to be accepted, even by very intelligent and highly educated people, if it provides a way for them to feel special and important. Some confuse that feeling with idealism.
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No matter how much people on the left talk about compassion, they have no compassion for the taxpayers.
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The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.
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What is ominous is the ease with which some people go from saying that they don’t like something to saying that the government should forbid it. When you go down that road, don’t expect freedom to survive very long.
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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?
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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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Intellect is not wisdom.
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The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.
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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.
THOMAS SOWELL