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What makes it possible for politicians to do so many things that are economically counterproductive is that neither the public nor the media know enough of the basics to understand what's wrong with what they're saying.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Things
Saying
Public
Counterproductive
Possible
Economically
Wrong
Basics
Understand
Politicians
Makes
Neither
Enough
Politician
Many
Media
More quotes by Thomas Sowell
The key fallacy of so called gun control laws is that such laws do not in fact control guns. They simply disarm law abiding citizens, while people bent on violence find firearms readily available.
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Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities.
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The more adaptability exists for a given kind of decision, the less risky it is to make plans for the future, and therefore the more likely it is that more people will make more plans in such areas.
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You have to have a sense of humor if you follow politics. Otherwise, the sheer fraudulence of it all will get you down.
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When people get used to preferential treatment, equal treatment seems like discrimination.
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One of the most important skills for political success is the ability to make confident assertions of absurdities or lies.
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An e-mail from a reader says that liberals like to take the moral high ground, even though their own moral relativism means that there is no moral high ground.
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The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.
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In politics, throwing the taxpayers' money at disasters is supposed to show your compassion. But robbing Peter to pay Paul is not compassion. It is politics.
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Social Engineering - The art of replacing what works with what sounds good.
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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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Most people who read The Communist Manifesto probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of the workers. Thomas Sowell .
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People have a vested interest in promoting one set of polices rather than finding out what the truth is.
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The biggest difference between people is between those who are trying to do the right thing - whether or not they succeed - and those for whom the only question is how much they can get away with.
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People who pride themselves on their complexity and deride others for being simplistic should realize that the truth is often not very complicated. What gets complex is evading the truth.
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Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.
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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'.
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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.
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However widespread the desire to be free, that is wholly different from a desire to live in a society where others are free.
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You cannot subsidize irresponsibility and expect people to become more responsible.
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