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You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Politician
Tooth
Approach
Economist
Political
Elected
May
Fairy
Like
Gotten
Politicians
Analysis
Teeth
Scoff
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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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Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can be too moral.
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Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
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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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Much of the self-righteous nonsense that abounds on so many subjects cannot stand up to three questions: (1) Compared to what? (2) At what cost? and (3) What are the hard facts?.
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There are only two ways of telling the complete truth - anonymously and posthumously.
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When all is said and done, the Constitution of the United States is a set of words on a piece of paper. The only way that the Constitution can protect us is if we protect the Constitution.
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What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
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American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
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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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Competition does a much more effective job than government at protecting consumers.
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All justice is inherently social. Can someone on a desert island be either just or unjust?
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Barack Obama's vision of America is one in which a President of the United States can fire the head of General Motors, tell banks how to bank, control the medical system and take charge of all sorts of other activities for which neither he nor other politicians have any expertise or experience.
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If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.
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Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.
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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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Any judicial nominee who has said that the Constitution means what it says, not what judges would like it to mean, is going to be called an 'extremist.' That person will be said to be 'out of the mainstream.' But the mainstream is itself the problem.
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Even the Soviet Union, with its huge nuclear arsenal, was a threat that could be deterred by the prospect of retaliation. But suicide bombers cannot be deterred. They can only be annihilated - preemptively and unilaterally, if necessary.
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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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Ideas are everywhere, but knowledge is rare.
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