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Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.

Thomas Sowell

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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
People
Economists
Reminding
Economist
Prices
Lunch
Popular
Lunches
Economics
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More quotes by Thomas Sowell

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The reason so many people misunderstand so many issues is not that these issues are so complex, but that people do not want a factual or analytical explanation that leaves them emotionally unsatisfied. They want villains to hate and heroes to cheer - and they don't want explanations that do not give them that.
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A moral monopoly is the antithesis of a marketplace of ideas.
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The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
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Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.
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The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
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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.
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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.
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Despite a voluminous and often fervent literature on income distribution, the cold fact is that most income is not distributed: It is earned.
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The political left has been weak on protecting society from criminals for more than two centuries.
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We enjoy freedom and the rule of law on which it depends, not because we deserve it, but because others before us put their lives on the line to defend it.
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In the string of amazing decisions made during the first year of the Obama administration, nothing seems more like sheer insanity than the decision to try foreign terrorists, who have committed acts of war against the United States, in federal court, as if they were American citizens accused of crimes.
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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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Anyone who does not understand the utter cynicism of politics does not understand politics.
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Creating whole departments of ethnic, gender, and other 'studies' was part of the price of academic peace. All too often, these 'studies' are about propaganda rather than serious education.
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There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?
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Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.
Thomas Sowell
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Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.
Thomas Sowell
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Ego trips by coteries of self-exalting people are treated in the media as idealism, rather than the petty tyranny it is.
Thomas Sowell
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The biggest myth about labor unions is that unions are for the workers. Unions are for unions, just as corporations are for corporations and politicians are for politicians.
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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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