Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Our economic problems worry me much less than our political solutions, which have a far worse track record.
Thomas Sowell
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Records
Worry
Economic
Less
Track
Political
Solutions
Problem
Worse
Much
Record
Problems
More quotes by Thomas Sowell
Love is a four-letter word, but you don't hear in nearly as often as you hear some other four-letter words. It may be a sign of our times that everyone talks openly about sex, but we seem to be embarrassed to talk about love.
Thomas Sowell
The law of diminishing returns means that even the most beneficial prinicple will become harmful if carried far enough.
Thomas Sowell
Central planning, judicial activism, and the nanny state all presume vastly more knowledge than any elite have ever possessed.
Thomas Sowell
Extrapolations are the last refuge of a groundless argument.
Thomas Sowell
Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
Thomas Sowell
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.
Thomas Sowell
Competition does a much more effective job than government at protecting consumers.
Thomas Sowell
Whether as a radical student, a community organizer or a far left politician, Barack Obama's ideology has been based on a vision of the Haves versus the Have Nots. . .Obama's ideology is an ideology of envy, resentment, and payback.
Thomas Sowell
No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: 'But what would you replace it with?' When you put out a fire, what do you replace it with?
Thomas Sowell
You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth - and that future wealth is less likely to be produced when people see that it is going to be confiscated.
Thomas Sowell
If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else, including themselves
Thomas Sowell
Unbounded morality ultimately becomes counterproductive even in terms of the same moral principles being sought. The law of diminishing returns applies to morality.
Thomas Sowell
The time is long overdue to stop looking for progress through racial or ethnic leaders. Such leaders have too many incentives to promote polarizing attitudes and actions that are counterproductive for minorities and disastrous for the country.
Thomas Sowell
It doesn't matter how smart you are unless you stop and think.
Thomas Sowell
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today.
Thomas Sowell
Government's power to bully people who have broken no law is dangerous to all of us.
Thomas Sowell
Barack Obama has not only said that he is out to 'change the United States of America,' the people he has been associated with for years have expressed in words and deeds their hostility to the values, the principles and the people of this country.
Thomas Sowell
One of the painfully sobering realizations that come from reading history is the utter incompetence that is possible among leaders of whole nations and empires - and the blind faith that such leaders can nevertheless inspire among the people who are enthralled by their words or their posturing.
Thomas Sowell
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.
Thomas Sowell
Too many policies, programs and institutions are judged by what they are supposed to do, rather than by what they actually do and the consequences of their actions.
Thomas Sowell