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It takes considerable knowledge just to realize the extent of your own ignorance.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Realizing
Takes
Knowledge
Funny
Considerable
Extent
Laughter
Ignorance
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More quotes by Thomas Sowell
You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.
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'Global warming' is just the latest in a long line of hysterical crusades to which we seem to be increasingly susceptible.
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If politicians were serious about day care for children, instead of just sloganizing about it, nothing they could do would improve the quality of child care more than by lifting the heavy burden of taxation that forces so many families to have both parents working.
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Do countries with strong gun control laws have lower murder rates? Only if you cherry-pick the data.
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All too often, we do smart things only after exhausting every conceivable dumb thing we could have done.
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Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.
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Unbounded morality ultimately becomes counterproductive even in terms of the same moral principles being sought. The law of diminishing returns applies to morality.
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Some of the people on death row today might not be there if the courts had not been so lenient on them when they were first offenders.
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If you want to get each individual's honest opinion, you don't want that opinion to be influenced by others who are present, much less allow a group to coordinate what they are going to say.
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The black family survived centuries of slavery and generations of Jim Crow, but it has disintegrated in the wake of the liberals' expansion of the welfare state.
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People used to say, Ignorance is no excuse. Today, ignorance is no problem. After all, you have a right to your own opinion - and self-esteem to boot.
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If the battle for civilization comes down to the wimps versus the barbarians, the barbarians are going to win.
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Just as any moron can destroy a priceless Ming vase, so the shallow and ill-educated people who run our schools can undermine and destroy from within a great civilization that took centuries of dedicated effort to create and maintain.
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In a democracy, we have always had to worry about the ignorance of the uneducated. Today we have to worry about the ignorance of people with college degrees.
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We enjoy freedom and the rule of law on which it depends, not because we deserve it, but because others before us put their lives on the line to defend it.
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Four things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets.
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Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
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Someone once said that the most important knowledge is knowledge of our own ignorance. Our schools are depriving millions of students of that kind of knowledge by promoting self-esteem and encouraging them to have opinions on things of which they are grossly ignorant, if not misinformed.
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While rationalism at the individual level is a plea for more personal autonomy from cultural norms, at the social level it is often a claim- or arrogation- of power to stifle the autonomy of others.
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Study after study, not only here but in other countries, show that the most affordable housing is where there has been the least government interference with the market - contrary to rhetoric.
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