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Economics is a study of cause and effect relationships in an economy.

Thomas Sowell

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 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
It takes considerable knowledge just to realize the extent of your own ignorance.
THOMAS SOWELL

Consider Ignorance Knowledge Realize
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
No government of the left has done as much for the poor as capitalism has. Even when it comes to the redistribution of income, the left talks the talk but the free market walks the walk.
THOMAS SOWELL

Capital Government Income Market Poor
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

Economics Enough Lesson Politics Satisfaction Scarcity
The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests.
THOMAS SOWELL

Achievement Destroy Equality Freedom Interest People
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?
THOMAS SOWELL

Black Lives Matter Era Justice People 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
It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.
THOMAS SOWELL

Afford Government Pay People Positive Thinking
There are no solutions. There are only trade-offs.
THOMAS SOWELL

Conservative Solution Trade
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
People who enjoy meetings should not be in charge of anything.
THOMAS SOWELL

Charge Excitement Meeting One Liner People
Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.
THOMAS SOWELL

Absence Born Civil Effect Generation Late
Everyone may be called “comrade,” but some comrades have the power of life and death over other comrades.
THOMAS SOWELL

Death Friendship Life Partner Power
As an entrepreneur in India put it: ‘Indians have learned from painful experience that the state does not work on behalf of the people. More often than not, it works on behalf of itself.
THOMAS SOWELL

Entrepreneur Experience Learning Pain People Work

Economics is a study of cause and effect relationships in an economy.

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Economics is a study of cause and effect relationships in an economy.

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