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Our economic problems worry me much less than our political solutions, which have a far worse track record.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Much
Record
Problems
Records
Worry
Economic
Less
Track
Political
Solutions
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More quotes by Thomas Sowell
The principles applied in economic processes are general social principles.
Thomas Sowell
Four things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets.
Thomas Sowell
Hilary Clinton said you know, it takes a village to raise a child and somebody said it takes a village idiot to believe that … it is part of the whole thing of third parties wanting to make decisions for which they pay no price for when they’re wrong.
Thomas Sowell
The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics.
Thomas Sowell
No one will really understand politics until they understand that politicians are not trying to solve our problems. They are trying to solve their own problems - of which getting elected and re-elected are number one and number two. Whatever is number three is far behind.
Thomas Sowell
We should listen first and foremost to our own experience We should stop looking for saviors.Society has not existed for thousands of years because it had a succession of saviors. It's existed because it has institutions and processes through which people can realize their own goals.
Thomas Sowell
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.
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
It doesn't matter how smart you are unless you stop and think.
Thomas Sowell
One of the most important skills for political success is the ability to make confident assertions of absurdities or lies.
Thomas Sowell
The law of diminishing returns means that even the most beneficial prinicple will become harmful if carried far enough.
Thomas Sowell
You don't send people to prison on the basis of what other people imagine, or on the basis of media sound bites like 'shooting an unarmed child,' when that 'child' was beating him bloody.
Thomas Sowell
The idealism of the left is a very selfish idealism. In their war against 'the rich' and big business, they don't care how much collateral damage there is to workers who end up end up unemployed.
Thomas Sowell
Some of the people on death row today might not be there if the courts had not been so lenient on them when they were first offenders.
Thomas Sowell
There are no solutions there are only trade-offs.
Thomas Sowell
Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.
Thomas Sowell
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.
Thomas Sowell
The black family survived centuries of slavery and generations of Jim Crow, but it has disintegrated in the wake of the liberals' expansion of the welfare state.
Thomas Sowell
When people get used to preferential treatment, equal treatment seems like discrimination.
Thomas Sowell
Those who want to spread the wealth almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence. Which is more dangerous, inequalities of wealth or concentrations of power?
Thomas Sowell
