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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
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Jobs
Loss
Losses
Around
Industry
Sales
Mean
Higher
Prices
World
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Steel
Economy
Fewer
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American
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Tariffs
More quotes by 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
Many people, including some conservatives, have been very impressed with how brainy the president and his advisers are. But that is not quite as reassuring as it might seem.
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
Even when black youth gangs target white strangers on the streets and spew out racial hatred as they batter them and rob them, mayors, police chiefs and the media tiptoe around their racism and many in the media either don't cover these stories or leave out the race and racism involved.
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 old adage about giving a man a fish versus teaching him how to fish has been updated by a reader: Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his 'basic rights.'
Thomas Sowell
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
Thomas Sowell
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
Thomas Sowell
People who pride themselves on their complexity and deride others for being simplistic should realize that the truth is often not very complicated. What gets complex is evading the truth.
Thomas Sowell
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today.
Thomas Sowell
I have never understood why it is greed to want to keep the money you have earned but not greed to want to take somebody else's money.
Thomas Sowell
What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
Thomas Sowell
Over the generations, black leaders have ranged from noble souls to shameless charlatans.
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
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
Wise men wrote the Constitution, but clever judges have been destroying it, bit by bit, turning it into an instrument of arbitrary judicial power, instead of a limitation on all government power.
Thomas Sowell
Wal-Mart has done more for poor people then any ten liberals, at least nine of whom are almost guaranteed to hate Wal-Mart.
Thomas Sowell
However widespread the desire to be free, that is wholly different from a desire to live in a society where others are free.
Thomas Sowell
What is history but the story of how politicians have squandered the blood and treasure of the human race?
Thomas Sowell
Another way of verbally masking elite preemption of other people's decisions is to use the word 'ask'-as in 'We are just asking everyone to pay their fair share.' But of course governments do not ask, they: tell. The Internal Revenue Service does not 'ask' for contributions. It takes.
Thomas Sowell