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The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.

Thomas Sowell

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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Facts
Government
Reason
Automatically
Better
Assume
Would
Assuming
Market
Fact
Wish

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Life in general has never been even close to fair, so the pretense that the government can make it fair is a valuable and inexhaustible asset to politicians who want to expand government.
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One of the painfully sobering realizations that come from reading history is the utter incompetence that is possible among leaders of whole nations and empires - and the blind faith that such leaders can nevertheless inspire among the people who are enthralled by their words or their posturing.
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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.
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What all these lofty and vague phrases boil down to is that the court can impose things that the voters don't want and the Constitution does not require, but which are in vogue in circles to which the court responds.
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How long do politicians have to keep on promising heaven and delivering hell before people catch on and stop getting swept away by rhetoric?
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Barack Obama has not only said that he is out to 'change the United States of America,' the people he has been associated with for years have expressed in words and deeds their hostility to the values, the principles and the people of this country.
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Progress in general seems to hold little interest for people who call themselves 'progressives.' What arouses them are denunciations of social failures and accusations of wrong-doing.
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The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.
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Life does not ask what we want. It presents us with options
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Most people who read The Communist Manifesto probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of the workers. Thomas Sowell .
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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'.
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Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.
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Central planning, judicial activism, and the nanny state all presume vastly more knowledge than any elite have ever possessed.
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You need only visit campuses where whole departments feature soft courses preaching a sense of victimhood and resentment, and see the consequences in racial and ethnic polarization on campus.
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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.
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There are only two ways of telling the complete truth - anonymously and posthumously.
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What freedom does a starving man have? The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.
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