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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
Cold
Distributed
Philosophy
Fervent
Literature
Earned
Fact
Distribution
Often
Prosperity
Facts
Economics
Political
Despite
Income
Voluminous
More quotes by Thomas Sowell
There are few things more dishonorable than misleading the young.
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No society ever thrived because it had a large and growing class of parasites living off those who produce.
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Unbounded morality ultimately becomes counterproductive even in terms of the same moral principles being sought. The law of diminishing returns applies to morality.
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Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.
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If we become a people who are willing to give up our money and our freedom in exchange for rhetoric and promises, then nothing can save us.
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No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: 'But what would you replace it with?' When you put out a fire, what do you replace it with?
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Too many people - some of them judges - seem to think that freedom of speech means freedom from consequences for what you have said. If you believe that, try insulting your boss when you go to work tomorrow. Better yet, try insulting your spouse before going to bed tonight.
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The biggest myth about labor unions is that unions are for the workers. Unions are for unions, just as corporations are for corporations and politicians are for politicians.
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Young people in general - and young women in particular - need to understand that they cannot retrieve in their forties the opportunities they threw away in their twenties.
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The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices - paid by others.
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Most of the founders of this country had day jobs for years. They were not career politicians. ... We need leaders with experience in the real world, not experience in the phony world of politics.
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Social Engineering - The art of replacing what works with what sounds good.
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We're not a socialist country, because the socialists believe in government ownership in the means of production, but the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that's the route we seem to be going.
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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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Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
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What makes it possible for politicians to do so many things that are economically counterproductive is that neither the public nor the media know enough of the basics to understand what's wrong with what they're saying.
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Trade-offs have been with us ever since the late unpleasantness in the Garden of Eden.
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The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
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An independent judiciary does not mean judges independent of the Constitution from which they derive their power or independent of the laws that they are sworn to uphold.
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There are no solutions there are only trade-offs.
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