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Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Term
Incentives
Rather
Policies
Need
Hopes
Needs
Inspired
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Economic
Analyzed
More quotes by Thomas Sowell
Wise men wrote the Constitution, but clever judges have been destroying it, bit by bit, turning it into an instrument of arbitrary judicial power, instead of a limitation on all government power.
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It doesn't matter how smart you are unless you stop and think.
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Even when black youth gangs target white strangers on the streets and spew out racial hatred as they batter them and rob them, mayors, police chiefs and the media tiptoe around their racism and many in the media either don't cover these stories or leave out the race and racism involved.
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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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Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.
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What is called 'capitalism' might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it.
Thomas Sowell
However widespread the desire to be free, that is wholly different from a desire to live in a society where others are free.
Thomas Sowell
If you can't beat them or join them, then do something weird. No matter how much the passengers eat, the weight of the plane stays the same. Do you sometimes feel that you are necessary but not sufficient?
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Some full professors could more accurately be described as empty professors.
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There are only two ways of telling the complete truth - anonymously and posthumously.
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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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What freedom does a starving man have? The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.
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The key fallacy of so called gun control laws is that such laws do not in fact control guns. They simply disarm law abiding citizens, while people bent on violence find firearms readily available.
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It is amazing how many people seem to think that the government exists to turn their prejudices into law.
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Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other institutions whose decisions he wants to control and override? But he can talk glibly about growing the economy. Arrogance is no substitute for experience. That is why the country is in the mess it is in now.
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Economics is concerned with what emerges, not what anyone intended.
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The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state.
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It is hard to read a newspaper or watch a television newscast without encountering someone who has come up with a new 'solution' to society's 'problems.'
Thomas Sowell
A moral monopoly is the antithesis of a marketplace of ideas.
Thomas Sowell
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
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