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The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Whole
Communism
Socialism
Assuming
Disaster
Economy
Economic
Disasters
Running
Blanket
Come
Superiority
More quotes by Thomas Sowell
There is no bigger waste of time than doing 90% of what is necessary.
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Too often the past has been twisted to fit the visions and agendas of the present.
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American society in recent years has been imitating behavior patterns that have produced negative - and sometimes catastrophic - consequences in many other countries around the world.
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Too many people in Washington are full of themselves, among other things that they are full of.
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While rationalism at the individual level is a plea for more personal autonomy from cultural norms, at the social level it is often a claim- or arrogation- of power to stifle the autonomy of others.
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The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that is causing such hysteria, we have only a movie made by a politician and mathematical models whose results change drastically when you change a few of the arbitrarily selected variables.
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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.
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Fairness' is one of the great mantras of the left. Since everyone has his own definition of fairness, that word is a blank check for the expansion of government power. What fairness means in practice is that third parties -- busybodies -- can prevent mutual accommodations by others.
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People who thing that they are getting something for nothing, by having government provide what they would otherwise have to buy in the private market, are not only kidding themselves by ignoring the taxes that government has to take from them in order to give them the appearance of something for nothing.
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Any judicial nominee who has said that the Constitution means what it says, not what judges would like it to mean, is going to be called an 'extremist.' That person will be said to be 'out of the mainstream.' But the mainstream is itself the problem.
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When we hear about rent control or gun control, we may think about rent or guns but the word that really matters is 'control.' That is what the political left is all about, as you can see by the incessant creation of new restrictions in places where they are strongly entrenched in power, such as San Francisco or New York.
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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.
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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.
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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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Ego trips by coteries of self-exalting people are treated in the media as idealism, rather than the petty tyranny it is.
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People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
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Perhaps people who are gushing over the Obama Cult today might do well to stop and think about what it would mean for their granddaughters to live under Sharia law.
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There is usually only a limited amount of damage that can be done by dull or stupid people. For creating a truly monumental disaster, you need people with high IQs.
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The reason so many problems do not get solved in Washington is that solving those problems is not the No. 1 priority: Re-election is.
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When government takes away options, it is bound to make some people worse off, even with intrinsicallly good intentions behind that government intervention.
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