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As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Hear
Economist
Waiting
Drop
Word
Price
Whenever
Shoes
Wait
Usually
Shortage
Control
Shoe
More quotes by Thomas Sowell
Media bias in editorials and columns is one thing. Media fraud in reporting 'facts' in news stories is something else. ...The issue is not what various journalists or news organizations' editorial views are. The issue is the transformation of news reporting into ideological spin, along with self-serving taboos and outright fraud.
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Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.
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As far as party primaries are concerned, both Republican - and Democratic - Party primaries are dominated by the most zealous voters, whose views may not reflect the views of most members of their own respective parties, much less the views of those who are going to vote in the November general election.
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Relevance is not something you can predict. It is something you discover after the fact.
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Some of the most vocal critics of the way things are being done are people who have done nothing themselves, and whose only contributions to society are their complaints and moral exhibitionism.
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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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Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.
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The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that is causing such hysteria, we have only a movie made by a politician and mathematical models whose results change drastically when you change a few of the arbitrarily selected variables.
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Those government officials who want more power are not going to stop unless they get stopped.
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In politics, the truth is strictly optional and that also seems to be true in parts of the media.
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The principles applied in economic processes are general social principles.
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For the anointed, traditions are likely to be seen as the dead hand of the past, relics of a less enlightened age, and not as the distilled experience of millions who faced similar human vicissitudes before.
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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.
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Envy plus rhetoric equals social justice..
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Much of the world today, including the United States, is still living in the social, cultural, and political aftermath of Britain's cultural achievements, its industrial revolution, its government of checks and balances, and its conquests around the world.
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It takes considerable knowledge just to realize the extent of your own ignorance.
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Ideas are everywhere, but knowledge is rare.
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The freedom of America is the freedom to live your own life and take your own chances.
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Liberalism is totalitarianism with a human face.
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Politics is the art of making your selfish desires seem like the national interest.
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