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Despite a voluminous and often fervent literature on income distribution, the cold fact is that most income is not distributed: It is earned.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Political
Despite
Income
Voluminous
Cold
Distributed
Philosophy
Fervent
Literature
Earned
Fact
Distribution
Often
Prosperity
Facts
Economics
More quotes by Thomas Sowell
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
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.
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People used to complain about 'the idle rich.' But the idle rich did not do the kind of harm being done by today's busybody rich, who feed their own egos by bankrolling political crusades on the left which hurt the very people that the left claims to care about -- working people, minorities, and children.
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The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.
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Study after study, not only here but in other countries, show that the most affordable housing is where there has been the least government interference with the market - contrary to rhetoric.
Thomas Sowell
Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow.
Thomas Sowell
The difference between a policy and a crusade is that a policy is judged by its results, while a crusade is judged by how good it makes its crusaders feel.
Thomas Sowell
The reason so many problems do not get solved in Washington is that solving those problems is not the No. 1 priority: Re-election is.
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The way to get people's votes is to say that all their problems are caused by other people, and that you will stop those other people from giving them trouble. But if you really want to help, then you can tell them the truth and risk losing their votes.
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The talkers and writers resent being left on the sidelines by the doers.
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The left takes its vision seriously - more seriously than it takes the rights of other people. They want to be our shepherds. But that requires us to be sheep.
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Too often the past has been twisted to fit the visions and agendas of the present.
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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.
Thomas Sowell
The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state.
Thomas Sowell
Hilary Clinton said you know, it takes a village to raise a child and somebody said it takes a village idiot to believe that … it is part of the whole thing of third parties wanting to make decisions for which they pay no price for when they’re wrong.
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The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics.
Thomas Sowell
Reality is not optional.
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.
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Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
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Virtually everything that the government does costs more than when the same thing is done in private industry - whether it is building housing, running prisons, collecting garbage, or innumerable other things. Why in the world would we imagine that health care would be the exception?
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