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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
Rather
Policies
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Hopes
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Policy
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Incentives
More quotes by Thomas Sowell
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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The political left has been weak on protecting society from criminals for more than two centuries.
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People used to complain about 'the idle rich.' But the idle rich did not do the kind of harm being done by today's busybody rich, who feed their own egos by bankrolling political crusades on the left which hurt the very people that the left claims to care about -- working people, minorities, and children.
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You cannot subsidize irresponsibility and expect people to become more responsible.
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Welfare states on both sides of the Atlantic have discovered that largesse to losers does not reduce their hostility to society, but only increases it. Far from producing gratitude, generosity is seen as an admission of guilt, and the reparations as inadequate compensations for injustices - leading to worsening behavior by the recipients.
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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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What is especially disturbing about the political left is that they seem to have no sense of the tragedy of the human condition. Instead, they tend to see the problems of the world as due to other people not being as wise or as noble as themselves.
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In the United States, liberals have made it virtually impossible [to increase the supply of oil] by banning drilling in all sorts of places and preventing any new refinery from being built anywhere in the country in the last 30 years.
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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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No society ever thrived because it had a large and growing class of parasites living off those who produce.
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Do countries with strong gun control laws have lower murder rates? Only if you cherry-pick the data.
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All justice is inherently social. Can someone on a desert island be either just or unjust?
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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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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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Liberals are very broadminded: they are always willing to give careful consideration to both sides of the same side
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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.
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The anointed don't like to talk about painful trade-offs. They like to talk about happy solutionsthat get rid of the whole problem- at least in their imagination.
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The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.
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The political mirage of something for nothing, from leaders who 'care,' has ruined many a nation.
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