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Competition does a much more effective job than government at protecting consumers.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Doe
Government
Much
Protecting
Consumers
Effective
Competition
Jobs
More quotes by Thomas Sowell
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.
Thomas Sowell
The idealism of the left is a very selfish idealism. In their war against 'the rich' and big business, they don't care how much collateral damage there is to workers who end up end up unemployed.
Thomas Sowell
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.
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
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
People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
Thomas Sowell
The Constitution cannot protect us unless we protect the Constitution.
Thomas Sowell
Child poverty in the United States declined after the work requirement was put in there. People realized that they had to work and people went out and worked and they got off welfare.
Thomas Sowell
Those who cry out that the government should 'do something' never even ask for data on what has actually happened when the government did something, compared to what actually happened when the government did nothing.
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
Government's power to bully people who have broken no law is dangerous to all of us.
Thomas Sowell
In the long run, the greatest weapon of mass destruction is stupidity.
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When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.
Thomas Sowell
In the string of amazing decisions made during the first year of the Obama administration, nothing seems more like sheer insanity than the decision to try foreign terrorists, who have committed acts of war against the United States, in federal court, as if they were American citizens accused of crimes.
Thomas Sowell
What is history but the story of how politicians have squandered the blood and treasure of the human race?
Thomas Sowell
Weighing benefits against costs is the way most people make decisions - and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.
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 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
What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
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Ideas are everywhere, but knowledge is rare.
Thomas Sowell