Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
THOMAS SOWELLIt 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.
More Thomas Sowell Quotes
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Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.
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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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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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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.
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The most basic question is not what is best, but who shall decide what is best.
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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.
THOMAS SOWELL -
Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned.
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The question is not what anybody deserves. The question is who is to take on the God-like role of deciding what everybody else deserves.
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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.
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Life does not ask what we want. It presents us with options.
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Economics is a study of cause and effect relationships in an economy.
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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.
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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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Extrapolations are the last refuge of a groundless argument.
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It is usually futile to try to talk facts and analysis to people who are enjoying a sense of moral superiority in their ignorance.
THOMAS SOWELL