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The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Rather
Achieved
Government
Cover
Ever
Rising
Real
Spending
Rate
Rates
Taxes
Reduced
Economy
Balanced
Goal
Budgets
More quotes by Thomas Sowell
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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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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What 'multiculturalism' boils down to is that you can praise any culture in the world except Western culture - and you cannot blame any culture in the world except Western culture.
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No society ever thrived because it had a large and growing class of parasites living off those who produce.
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The principles applied in economic processes are general social principles.
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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.
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Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.
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When I see the worsening degeneracy in our politicians, our media, our educators, and our intelligentsia, I can't help wondering if the day may yet come when the only thing that can save this country is a military coup.
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Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
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The more adaptability exists for a given kind of decision, the less risky it is to make plans for the future, and therefore the more likely it is that more people will make more plans in such areas.
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Most of the founders of this country had day jobs for years. They were not career politicians. ... We need leaders with experience in the real world, not experience in the phony world of politics.
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Politics is largely the process of taking credit and putting the blame on others - regardless of what the facts may be.
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The reason so many people misunderstand so many issues is not that these issues are so complex, but that people do not want a factual or analytical explanation that leaves them emotionally unsatisfied. They want villains to hate and heroes to cheer - and they don't want explanations that do not give them that.
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What makes it possible for politicians to do so many things that are economically counterproductive is that neither the public nor the media know enough of the basics to understand what's wrong with what they're saying.
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What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.
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The political mirage of something for nothing, from leaders who 'care,' has ruined many a nation.
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Liberalism is totalitarianism with a human face.
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Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow.
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In politics, throwing the taxpayers' money at disasters is supposed to show your compassion. But robbing Peter to pay Paul is not compassion. It is politics.
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'Fair' is one of the most dangerous concepts in politics. Since no two people are likely to agree on what is 'fair,' this means that there must be some third party with power - the government - to impose its will. The road to despotism is paved with 'fairness'.
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