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Failure is part of the natural cycle of business. Companies are born, companies die, capitalism moves forward.

Thomas Sowell

Suppose you are wrong? How would you know? How would you test for that possibility?
THOMAS SOWELL

Confidence Inspirational Possible Trust Wrong
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
Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.
THOMAS SOWELL

Be Yourself Entrepreneur Intelligence Vision
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
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
The history of which peoples, nations, or civilizations have conquered or enslaved which other peoples, nations, or civilizations has been largely a history of who has been in a position to do so.
THOMAS SOWELL

Civil History Nation People Position
The welfare state is the oldest con game in the world. First you take people’s money away quietly and then you give some of it back to them flamboyantly.
THOMAS SOWELL

Freedom Government Liberty Money People World
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
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
Rhetoric is no substitute for reality.
THOMAS SOWELL

Exploitation Reality Rhetoric Substitute
To believe in personal responsibility would be to destroy the whole special role of the anointed, whose vision casts them in the role of rescuers of people treated unfairly by society.
THOMAS SOWELL

Destroy People Responsiblity Role Society Vision
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.
THOMAS SOWELL

Assume Automatic FAction Government Market Reason
Economics is a study of cause and effect relationships in an economy.
THOMAS SOWELL

Cause Economics Economy Effect Relationship Study
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.
THOMAS SOWELL

Acceptance Education Ideas Intelligence People Virtue
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
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

Failure is part of the natural cycle of business. Companies are born, companies die, capitalism moves forward.

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Failure is part of the natural cycle of business. Companies are born, companies die, capitalism moves forward.

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Popular Authors

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