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'Global warming' is just the latest in a long line of hysterical crusades to which we seem to be increasingly susceptible.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Long
Latest
Warming
Increasingly
Global
Line
Seem
Crusades
Lines
Hysterical
Seems
Susceptible
More quotes by Thomas Sowell
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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Central planning, judicial activism, and the nanny state all presume vastly more knowledge than any elite have ever possessed.
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You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.
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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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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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Someone once said that the most important knowledge is knowledge of our own ignorance. Our schools are depriving millions of students of that kind of knowledge by promoting self-esteem and encouraging them to have opinions on things of which they are grossly ignorant, if not misinformed.
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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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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.
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If you start from a belief that the most knowledgeable person on earth does not have even one percent of the total knowledge on earth, that shoots down social engineering, economic central planning, judicial activism, and innumerable other ambitious notions favored by the political left.
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Liberalism is totalitarianism with a human face.
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Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.
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Since this is an era when many people are concerned about 'fairness' and 'social justice,' what is your 'fair share' of what someone else has worked for?
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Ideas are everywhere, but knowledge is rare.
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Stupid people can cause problems, but it usually takes brilliant people to create a real catastrophe.
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Someone once said that many bad policies are just good policies that have been carried too far. For example, we have taken tolerance to such an extreme that we tolerate the immigration into our country of millions of intolerant people who hate millions of Americans who are already here.
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Just as any moron can destroy a priceless Ming vase, so the shallow and ill-educated people who run our schools can undermine and destroy from within a great civilization that took centuries of dedicated effort to create and maintain.
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There is no question that liberals do an impressive job of expressing concern for blacks. But do the intentions expressed in their words match the actual consequences of their deeds?
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When a highly successful leader retires after a long career, it is very unlikely that his successor will be of comparable caliber. Anyone of similar ability and drive would have gone somewhere else, instead of waiting in the wings for years for a chance to show his own leadership.
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The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
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The Constitution cannot protect us unless we protect the Constitution.
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