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
World
Turn
Steel
Economy
Fewer
Turns
Saved
American
Save
Means
Products
Tariffs
Jobs
Loss
Losses
Around
Industry
Sales
Mean
Higher
Prices
More quotes by Thomas Sowell
Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.
Thomas Sowell
Central planning, judicial activism, and the nanny state all presume vastly more knowledge than any elite have ever possessed.
Thomas Sowell
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
Thomas Sowell
Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.
Thomas Sowell
There are only two ways of telling the complete truth - anonymously and posthumously.
Thomas Sowell
Sometimes it seems as if I have spent the first half of my life refusing to let white people define me and the second half refusing to let black people define me.
Thomas Sowell
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.
Thomas Sowell
If you start from a belief that the most knowledgeable person on earth does not have even one percent of the total knowledge on earth, that shoots down social engineering, economic central planning, judicial activism, and innumerable other ambitious notions favored by the political left.
Thomas Sowell
There are few things more dishonorable than misleading the young.
Thomas Sowell
Government central planning means over-riding other people's plans.
Thomas Sowell
Benedict Arnold was a war hero, wounded in battle--before he turned against his country. Hitler was likewise a decorated and wounded veteran of the First World War. Being a war hero is not a lifetime...exempt[ion]...from responsibility for what you do thereafter.
Thomas Sowell
Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
Thomas Sowell
The talkers and writers resent being left on the sidelines by the doers.
Thomas Sowell
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.
Thomas Sowell
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.
Thomas Sowell
Whether as a radical student, a community organizer or a far left politician, Barack Obama's ideology has been based on a vision of the Haves versus the Have Nots. . .Obama's ideology is an ideology of envy, resentment, and payback.
Thomas Sowell
The government does not have some magic wand that can 'bring down the cost of health care.' It can buy a smaller quantity or lower quality of medical care, as other countries with government-run medical care do.
Thomas Sowell
I wish that some way could be found to add up all the staggering costs imposed on millions of ordinary people, just so a relative handful of self-righteous environmental cultists can go around feeling puffed up with themselves.
Thomas Sowell
Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.
Thomas Sowell
What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
Thomas Sowell