black
grey
blue
red
brown
white

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

Thomas Sowell

No amount of taxation is ever described as “greed” on the part of government or the clientele of government.
THOMAS SOWELL

Government Greedy Money Tax
One of the first things taught in introductory statistics textbooks is that correlation is not causation. It is also one of the first things forgotten.
THOMAS SOWELL

Book Causation Correlation Forget Statistics
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.
THOMAS SOWELL

Alternative Choose Failure Hate People Success
One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them.
THOMAS SOWELL

Appreciate DAngry Failure Honor People Trust
It takes considerable knowledge just to realize the extent of your own ignorance.
THOMAS SOWELL

Consider Ignorance Knowledge Realize
Talkers are usually more articulate than doers, since talk is their specialty.
THOMAS SOWELL

Doer Specialty Talker
A society that puts equality – in the sense of equality of outcome – ahead of freedom will end up with neither equality nor freedom.
THOMAS SOWELL

Ending Equality Freedom Society
It’s amazing how much panic one honest man can spread among a multitude of hypocrites.
THOMAS SOWELL

Honesty Human Nature Man Panic Spread
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 more than just a way to see patterns or to unravel puzzling anomalies.
THOMAS SOWELL

Economics Pattern Puzzle
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
We should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.
THOMAS SOWELL

Concentration Ideas Institution Surprise Survive Work
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
I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money.
THOMAS SOWELL

Earn Greedy Human Nature Money
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
No one chooses which culture to be born into or can be blamed for how that culture evolved in past centuries.
THOMAS SOWELL

Blame Century Choose Culture Past

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

Related Topics

Popular Authors

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

Related Topics

Popular Authors

More Thomas Sowell Quotes