Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
Thomas Sowell
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Economy
Fewer
Turns
Saved
American
Save
Means
Products
Tariffs
Jobs
Loss
Losses
Around
Industry
Sales
Mean
Higher
Prices
World
Turn
Steel
More quotes by Thomas Sowell
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.
Thomas Sowell
When all is said and done, the Constitution of the United States is a set of words on a piece of paper. The only way that the Constitution can protect us is if we protect the Constitution.
Thomas Sowell
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.
Thomas Sowell
The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.
Thomas Sowell
Mystical references to society and its programs to help may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats.
Thomas Sowell
Too often the past has been twisted to fit the visions and agendas of the present.
Thomas Sowell
Before the Iraq war I was quite disturbed by some of the neoconservatives, who were saying things like, What is the point of being a superpower if you can't do such-and-such, take on these responsibilities? The point of being a superpower is that people will leave you alone.
Thomas Sowell
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.
Thomas Sowell
Someone once said that many bad policies are just good policies that have been carried too far. For example, we have taken tolerance to such an extreme that we tolerate the immigration into our country of millions of intolerant people who hate millions of Americans who are already here.
Thomas Sowell
Our economic problems worry me much less than our political solutions, which have a far worse track record.
Thomas Sowell
Welfare states on both sides of the Atlantic have discovered that largesse to losers does not reduce their hostility to society, but only increases it. Far from producing gratitude, generosity is seen as an admission of guilt, and the reparations as inadequate compensations for injustices - leading to worsening behavior by the recipients.
Thomas Sowell
No individual and no generation has had enough personal experience to ignore the vast experience of the human race that is called history. Yet most of our schools and colleges today pay little attention to history. And many of our current policies repeat mistakes that were made, time and again, in the past with disastrous results.
Thomas Sowell
Weighing benefits against costs is the way most people make decisions - and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.
Thomas Sowell
The demands of unbounded individualism need to be weighed in the light of inherent social constraints which can only change their form but cannot be eliminated without eliminating civilization.
Thomas Sowell
Both history and contemporary data show that countries prosper more when there are stable and dependable rules, under which people can make investments without having to fear unpredictable new government interventions before these investments can pay off.
Thomas Sowell
Life does not ask what we want. It presents us with options
Thomas Sowell
Ego trips by coteries of self-exalting people are treated in the media as idealism, rather than the petty tyranny it is.
Thomas Sowell
Those government officials who want more power are not going to stop unless they get stopped.
Thomas Sowell
What is especially disturbing about the political left is that they seem to have no sense of the tragedy of the human condition. Instead, they tend to see the problems of the world as due to other people not being as wise or as noble as themselves.
Thomas Sowell
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
Thomas Sowell